Tom Tailor opco wins bailout but holdco dragged into insolvency by Bonita struggle
by Mike Turner
June 10, 2020 02:15 PM
Tom Tailor, the German fashion brand, has signed a €100m loan guaranteed by the federal and regional governments. It has also extended its existing bank line, although the company says it will not be enough to stave off insolvency at holding company level.
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