Weltbild Switzerland not affected by insolvency in Germany

The business of the Swiss Weltbild publishing house is not affected by the insolvency of the German Weltbild company, which was announced on Monday. The business of Weltbild Switzerland continues to run smoothly, the company announced on Tuesday.

(Screenshot: Weltbild.ch)

Weltbild Switzerland's processes are set up in independent structures parallel to the processes in Germany. This means that customers can be offered the familiar shopping experience "online and offline". Weltbild Switzerland offers over Weltbild.ch and 24 stores in German-speaking Switzerland sell books, eBooks and decorative, hobby and leisure articles.

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. (SDA)

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