Retail apocalypse in Germany: crisis hits Schuh Graf, Görtz, and Onygo

Retail apocalypse in Germany: crisis hits Schuh Graf, Görtz, and Onygo

A retail apocalypse is unfolding in Germany. The wave of insolvencies sweeping through the retail sector shows no signs of slowing. The latest names to join the ever-growing list are Schuh Graf, Görtz Retail, and Onygo (formerly owned by Deichmann). Here’s a case-by-case look at the three closures, which highlight the mounting struggles of fashion…

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