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ADLER FASHION CHAIN FILES FOR BANKRUPTCY

... mid-December, has led to the bankruptcy of a famous clothing chain - Adler reported filing bankruptcy petition in the district court. It is assumed that the organization will... ... interim manager. Adler brand has twenty-four branches operating in Austria. The fashion chain was unable to survive the unprecedented drop in sales that coincided with... ... of Christmas holidays. Almost all 24 branches were closed and due to this fact the retailer turned out to be practically insolvent. In total, Adler employs more than 3...

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