The insolvent German Online bookseller Worldview represents the Business operations The insolvency proceedings finally closed at the end of August. The provisional insolvency administrator Christian Plail announced that the company’s 14 branches were still Clearance sales and would then be closed. Online purchases would still be delivered until the end of the month. 440 employees are due to receive their notices in September. In Austria, there are only two Weltbild branches left, in Graz and St. Pölten.
In June, the company filed a lawsuit with the Augsburg District Court insolvency Plail said: “A permanent and sustainable continuation of operations is not possible without fresh capital due to the ongoing loss situation.” The IT and marketing costs and the time required is too high to be able to continue the company profitably.
Investors not willing to take over the business
Investors Given the necessary investments and costs in an already competitive market, Takeover of business willing to do so, even to a limited extent. However, there is interest in Trademark rights and Inventories. These discussions would continue.
Weltbild is a company of the same name, Catholic Church Ten years ago, the then publishing group Weltbild in Augsburg went bankrupt.