DCSIMG
SWTS.business.image.e

Sponsored by National Business
Biker clothing chain Hein Gericke latest to go into administration in the UK

Hein Gericke set up firm in 1970s and sold it in 1987

Hein Gericke set up firm in 1970s and sold it in 1987

BRITAIN’S double-dip recession claimed another high street victim yesterday as it emerged that the UK arm of German motorbike clothing retailer Hein ­Gericke has gone into administration.

The business, which has 47 UK shops including branches in Aberdeen, Edinburgh and Glasgow and a head office in Harrogate, has seen sales slide in recent years as the economic climate worsened, administrators at Moorfields Corporate Recovery said.

Moorfields said it was looking to sell the operation, which is thought to employ about 200 staff but is separate from the German parent company. Its stores will open as usual until a buyer can be found.

Simon Thomas, joint administrator at Moorfields, said: “While the ongoing economic pressures have affected sales in recent years I am confident the business model has a lot of potential with a dedicated customer base and staff who are obviously passionate about working for the company.”

Interested parties have until 6 August to contact the administrator.

Hein Gericke was a German biker who opened a motorcycle shop in his home country in the 1970s. Within a few years it had developed into Germany’s largest motorcycle dealership. The company had an international presence by 1987, at which point Gericke sold the business.

A short statement on its UK website said the group was “saddened” by the administration but added that the future of the UK operation was being “determined and hopefully secured”.

The Hein Gericke brand is sold through a retail shop presence across Austria, Belgium, Germany, Italy, Luxembourg and the Netherlands.


 
Find It

"Business owner? - Claim your business and Advertise with us"

In association with qype logo

Looking for...

Featured advertisers

Jobs

Search for a job

Motors

Search for a car

Property

Search for a house

Weather for Edinburgh

Tuesday 21 May 2013

5 day forecast

Today

Cloudy

Cloudy

Temperature: 6 C to 16 C

Wind Speed: 13 mph

Wind direction: North west

Tomorrow

Sunny spells

Sunny spells

Temperature: 3 C to 13 C

Wind Speed: 23 mph

Wind direction: West

Press Complaints Commission

This website and its associated newspaper adheres to the Press Complaints Commission’s Code of Practice. If you have a complaint about editorial content which relates to inaccuracy or intrusion, then contact the Editor by clicking here.

If you remain dissatisfied with the response provided then you can contact the PCC by clicking here.

Scotsman.com provides news, events and sport features from the Edinburgh area. For the best up to date information relating to Edinburgh and the surrounding areas visit us at Scotsman.com regularly or bookmark this page.