The district court of Aschaffenburg approved the application for self -administration of July 30, 2025 on August 1, 2025. According to the North Data Information Service, the management is currently with Eike Schmidt. Lawyer Katrin Schröder (BCLP) is new to the management team as a representative of general acts. The BCLP and White & Case law firms support the company in the renovation phase; The latter provides with lawyer Dr. Nicolai Fischer the provisional administrator, who monitors the procedure in the interest of the creditors.
According to its own homepage, H&S runs 16 inpatient branches in the Rhine-Main area and specializes in the distribution of brand shoes-including ARA, Rieker, Tamaris, Skechers and Gabor. The company has been pursuing an omnichannel strategy since 2015 that combines stationary trade in digital sales channels.
The aim of the procedure is to make H&S future -proof and to secure the approximately 82 jobs in the long term. According to the company, wages and salaries are secured by the Federal Employment Agency by the end of October 2025, from November H&S plans to take on payments independently.
The cause of the current crisis is increased costs for energy, personnel and rents as well as an unreasonable economic upswing after corona pandemic. Pandemic loans could not be returned as planned – there is also a maintenance consumption mood due to political and economic uncertainties. The consultants see good chances of a successful restart after the renovation.