13. 08. 2024 | Natalie Bezděková
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Fashion group Esprit plans to close all 56 of its stores in Germany by the end of this year, resulting in job losses for some 1,300 workers, according to DPA. The insolvent European arm of the company is expected to sell trademark rights to British financial investor Alteri. Esprit did not disclose the purchase price of the deal. The plan is to ...

29. 12. 2023 | Natalie Bezděková
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Audit firm EY is facing another lawsuit in connection with the collapse of German financial firm Wirecard. Wirecard's insolvency administrator, Michael Jaffe, has filed a claim for damages of €1.5 billion (approximately CZK 37 billion) against EY. This information was published by Reuters on Friday. EY acted as Wirecard's auditor for several yea...