Hein Gericke Bust

By Kevin Ash - 25/09/2012

The UK arm of Hein Gericke has gone bust. The clothing and accessory retailer, which traded under licence from the German brand, has been placed in administration while a buyer is sought for the complete business.

Interested parties have until August 6 to get in touch with administrator Moorfields Corporate Recovery, and in the meantime Hein Gericke's 47 stores are to remain open while existing stock is sold off with 'massive price cuts' according to the Hein Gericke UK website.

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While trading conditions have been very difficult recent years and the recent record-breaking spell of persistent rain hasn't helped, Hein Gericke's policy of running its own dedicated stores meant overheads were very high compared with rivals selling through established motorcycle dealers.

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