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Schuh Graf reports bankruptcy: hopes of rescue through self-administration
Schuh Graf GmbH files for insolvency under self-administration. 160 employees in 27 branches will continue to work.
Schuh Graf reports bankruptcy: hopes of rescue through self-administration
The traditional Baden-Württemberg family business Schuh Graf filed for bankruptcy today. On June 3, 2025, the Stuttgart District Court approved self-administered restructuring proceedings for the retailer, which employs around 160 people in 27 branches. These branches are mainly known under the brands “Schuh-Mann” and “QUICK SCHUH” and are mainly located in Baden-Württemberg and one in Hesse. ruhr24.de reports that despite the bankruptcy, all stores remain open and customers can continue to shop. The employees' salaries are secured for three months through insolvency money provided by the Federal Employment Agency.
Managing director Götz M. Graf is optimistic about the company's future realignment, while Steffen Beck from Pluta Rechtsanwalts GmbH is leading the restructuring process. The application for self-administration was approved a few days earlier, on June 4, 2025, for both the short-term and long-term restructuring of Schuh Graf. pluta.net describes the procedure as a measure that is intended to enable the company to retain control over the restructuring itself and to develop a comprehensive restructuring concept.
Challenges and renovation goals
In the current situation, Schuh Graf is faced with several challenges. The weak economic situation, the increasing trend towards online trading and high inflation are putting retailers in distress. In addition, consumers' willingness to buy is declining, pluta.net reported.
As part of the self-administration process, a comprehensive review of the sales and cost structure as well as the profitability of the branches is currently being carried out. Negotiations with business partners are also planned to agree on new conditions. Götz M. Graf emphasizes that the discussions were constructive and that the company was well positioned before the economic challenges arose.
Schuh Graf is known for a wide range of high-quality shoes, shoe items, bags and accessories. The branches are represented in cities such as Stuttgart, Bietigheim-Bissingen and Pforzheim. It remains to be hoped that the restructuring measures will bear fruit and that Schuh Graf will emerge from this process stronger.