Sense (company)

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SiNN GmbH
legal form GmbH
founding 1850
Seat Hagen , Germany
management Friedrich-Wilhelm Goebel
Number of employees around 1400
sales around € 300 million (2012)
Branch Textile department store / retail
Website sinn.com

The Sinn GmbH ( own spelling SiNN GmbH ) is a fashion house in the middle to upper price segment and operates a total of 22 branches in Germany with a focus on North Rhine-Westphalia . In 2012 the company generated sales of around EUR 300 million. The company's headquarters are in Hagen, Westphalia .

history

In 1850 a small "Haberdashery in detail Gebr. Sinn" was opened in Cologne , which also sold socks and wood goods. It was the forerunner of the later 36 Sinn fashion houses. Cologne became the seat of the main administration.

The origin of the Leffers company lay in the activities of the brothers Heinrich and Carl Leffers . They founded their first textile department store in Delmenhorst in 1894 . Their then revolutionary business ideas: Fixed price displays replaced the usual negotiation of the price. The cash sale secured the company's liquidity , an exchange option brought trust and the keenly calculated prices gave customers a taste for this new type of business process. After a few initial obstacles, her idea caught on. Leffers AG later emerged from these approaches with a total of ten fashion houses.

SiNN headquarters in Hagen-Bathey
Sinn in Mainz
Sinn in Mainz (2018)
SiNN department store in Hagen-Mitte

On January 1, 1997, through the merger of Sinn and Leffers, SinnLeffers AG was created under the management of the Schickedanz Group, to which Quelle also belonged. At that time, SinnLeffers AG had over 46 houses with a sales volume of around DM 1.7 billion and a sales area of ​​around 255,000 m². Even before that, the companies were linked as partners via the Westdeutsche Handelsgesellschaft (WHG) purchasing and service association; The WHG was founded in 1900 as a purchasing association with the participation of Johannes Sinn's sons.

In 2001 KarstadtQuelle AG acquired the majority of shares in SinnLeffers AG. From 2001 to 2005, SinnLeffers AG recorded a decline in sales of around 7.3 percent. In September 2005 Karstadt sold SinnLeffers to Deutsche Industrie-Holding. In 2006 the two managing directors Patrick Feller and Karsten Oberheide took over the management of SLA. At that time, SLA had 47 branches and 3700 employees in Germany. In July 2006 the stock corporation became a GmbH . In May 2008, DIH became the sole owner of the company through the purchase of the HMD shares.

On August 7, 2008, according to the Handelsblatt , the company filed an application for so-called planned insolvency (self-processing) at the Hagen district court . After Wehmeyer and Hertie, the third former subsidiary of the former KarstadtQuelle Group (later: Arcandor ) found itself in financial difficulties within a few weeks . In November 2008, the Hagen District Court opened insolvency proceedings against the SinnLeffers' assets. Until many branches were closed, SinnLeffers had 47 fashion stores nationwide with a total sales area of ​​over 300,000 square meters. The leases were terminated for 23 loss-making properties, and better terms were negotiated for the remaining 24. In February 2009, 23 branches were closed and 1,500 employees were laid off, including at the Hagen headquarters. The closed branches include: Bocholt, Chemnitz, Chemnitz Sachsen-Allee, Essen, Frankfurt am Main, Gelsenkirchen, Hanover, Herne, Kempten, Cologne, Leipzig Petershof, Leipzig Nova Eventis, Mülheim / Ruhr, Neunkirchen, Pforzheim, Potsdam Stern-Center , Recklinghausen, Remscheid, Saarbrücken, St. Ingbert, Witten, Wuppertal and Zweibrücken. After the insolvency plan procedure concluded in summer 2009, SinnLeffers GmbH was again active as a textile retail company with 2,200 employees at 24 locations. In the 2009/10 financial year, SinnLeffers generated sales of EUR 300 million and an EBIT of over EUR 6 million. In February / March 2012 the two houses in Augsburg and at the headquarters in Hagen also had to be closed due to expiring rental contracts. In January 2013 the Gerhard Wöhrl family bought the shares from DIH.

In September 2016, SinnLeffers GmbH filed for insolvency on its own responsibility. The bankruptcy proceedings were lifted in July 2017 after creditors agreed to an insolvency plan.

On June 20, 2018, SinnLeffers changed its name to SiNN GmbH . On November 8, 2018, Sinn announced that it would take over the former building of the "Lust for Life" department store in downtown Aachen and build it into a new "flagship store" with over 10,000 square meters. On December 30, 2019, the "Aachener Zeitung" announced that Sinn terminated the lease with the project developer Landmarken AG and that it will remain in the parent company.

In April 2020, new insolvency proceedings in the protective shield proceedings were opened.

Web links

Individual evidence

  1. sinn.com: Imprint
  2. a b sinn.com: In the spirit of tradition
  3. a b Fashion chain Sinn files for bankruptcy - 33 million euros in sales since March. Retrieved April 29, 2020 .
  4. ↑ The SinnLeffers fashion chain is apparently sold to Wöhrl. dated January 3, 2013 on faz.net, accessed on January 3, 2013.
  5. handelsblatt.com
  6. tagesspiegel.de: The big sale has started
  7. FAZ.net September 12, 2016: Wöhrl investors face losses of 80 percent or more
  8. Insolvency portal: SinnLeffers GmbH. Retrieved November 22, 2017 .
  9. Robert Esser: Retail in retreat: Sinn tightened his belt. Accessed December 31, 2019 .

Coordinates: 51 ° 24 ′ 40.8 "  N , 7 ° 28 ′ 32.9"  E