View Full Version : Hein Gericke
It would seem that Hein Gericke are having issues again.
Website is down and the Gants Hill store is closed.
Anyone have any further info? Any massive sales going?
MCN has the story
http://www.motorcyclenews.com/mcn/news/newsresults/general-news/2013/december/dec1813-hein-gericke-back-in-administration/
Hein Gericke has gone into administration with the closure of all 16 remaining UK stores; the second time financial troubles have struck the clothing and accessory retailer in 16 months.
Hein Gericke staff were all told to go home by administrators and advised they were no longer employed by the company. The administrators then moved in to close the shops that were still run under the Hein Gericke brand following a buyout in October 2012. The website has now gone offline ‘for maintenance’.
Of serious concern to UK consumers are the vouchers many had purchased as Christmas presents as it’s feared these will not be redeemable and the money will be lost.
One Hein Gericke staff member phoned MCN but didn’t want to be named. He said: “We have been told all 16 shops are shutting down, all of us have lost our jobs and that’s the end.
"I am obviously upset but many of us are concerned because we have been selling vouchers in the lead up to Christmas but it doesn’t look like anyone is going to be able to get them honoured now.”
It also appears some Hein Gericke staff in the UK have not been paid for the past two months.
Hein Gericke GB is part of the same German group as Hein Gericke GmbH; the parent company which was bought by General Equity Group AG which is based in St Gallen, Switzerland at the end of 2012.
This latest insolvency means 164 employees in Germany and 85 shops across Europe have been shut down. There are 54 shops in Germany which remain open until further notice. A statement from the parent company Hein Gericke GmbH states it is working hard to find new finance and potential new investors.
No one from Hein Gericke was available to comment as MCN reached deadline.
kaivalagi
18-12-13, 06:44 PM
Just goes to show never buy store vouchers! Just give cash ;)
Shame, their own brand clothing was really good...
Iansv II
18-12-13, 11:45 PM
Can't say i'm surprised unfortunately... stopped buying anything from them after they closed the Peterborough store last time
andrewsmith
19-12-13, 06:34 AM
Not surprised!
Not been in one since Newcastle closed down
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carelesschucca
19-12-13, 07:32 AM
Such a shame for the guys n gals that work in their shops. I used to be a regular in the Glasgow store but the stock they'd held since the last time they folded was poor.
Thats Glasgow lost two bike shops in the last few months, one was an expensive mess and horrible to be in, but I'll miss Gericke.
Just hope all the folk that worked for them are able to get some work asap.
Hopefully as the economy is turning round someone will step in the gap they leave behind.
Spank86
19-12-13, 01:07 PM
If i was told I was no longer employed by the company I'd be straight out the door, they'd have to pay me to lock it behind me.
coopesh56
19-12-13, 05:15 PM
If i was told I was no longer employed by the company I'd be straight out the door, they'd have to pay me to lock it behind me.
+1 there mate I would of walked out with bough bike gear to set up my own shop too!
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