Weltbild Switzerland not affected by insolvency in Germany
Published: Tuesday, Jun 11th 2024, 19:10
Updated At: Wednesday, Jun 12th 2024, 01:59
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The business of the Swiss Weltbild publishing house is not affected by the insolvency of the German Weltbild company that became known on Monday (yesterday). The business of Weltbild Switzerland continues to run smoothly, the company announced on Tuesday.
Weltbild Switzerland's processes are set up in independent structures parallel to the processes in Germany. This means that customers can be offered the usual shopping experience "online and offline". Weltbild Switzerland offers books, eBooks as well as decorative, hobby and leisure articles via www.weltbild.ch and in 24 branches in German-speaking Switzerland.
On Monday, the WB D2C Group filed for insolvency for its German subsidiary Weltbild GmbH & Co. KG filed for insolvency at the Augsburg district court. The move is intended to initiate a fundamental restructuring of the German business and focus on a more customer-centric online business, according to the statement.
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