Dressmann store in Umeå, Sweden. Drottninggatan

Dressmann is a chain of men's clothing stores owned by

Varner-Gruppen Varner-Gruppen AS is a textile firm in Norway with approximately 500 stores around the country, includinBik BokCarlings Norway Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and the ...

Frank Varner Frank Varner (14 July 1937 – 26 June 2001) was a Norwegian businessman. He established the holding company Varner-Gruppen, which developed into the largest operator in the textile retailing trade in Norway. Biography He was born in Oslo to P ...

, who opened the first store in

Oslo Oslo ( , , or ; sma, Oslove) is the capital and most populous city of Norway. It constitutes both a county and a municipality. The municipality of Oslo had a population of in 2022, while the city's greater urban area had a population ...

in 1967. In addition to Norway, Dressmann stores can now be found in Sweden,

Finland Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of B ...

Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...

, Latvia (to 2014),

Iceland Iceland ( is, Ísland; ) is a Nordic island country in the North Atlantic Ocean and in the Arctic Ocean. Iceland is the most sparsely populated country in Europe. Iceland's capital and largest city is Reykjavík, which (along with its s ...

and

Denmark ) , song = ( en, "King Christian stood by the lofty mast") , song_type = National and royal anthem , image_map = EU-Denmark.svg , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of Denmark , establish ...

. In 2013 the number of stores had grown to 400. In 2010 it started a one-year collaboration with the rock band

The Rolling Stones The Rolling Stones are an English Rock music, rock band formed in London in 1962. Active for six decades, they are one of the most popular and enduring bands of the album era, rock era. In the early 1960s, the Rolling Stones pioneered the g ...

. Dressmann got the rights to use old classical songs in advertisement as well as artwork created by the Rolling Stones. Dressmann is now the leading chain of men's clothing stores in Northern Europe.

Insolvency in Austria

Due to the strict COVID regulations in 2020 imposed by the Austrian leading government party

ÖVP The Austrian People's Party (german: Österreichische Volkspartei , ÖVP ) is a Christian-democratic and liberal-conservative political party in Austria. Since December 2021, the party has been led provisionally by Karl Nehammer. It is currentl ...

under then chancellor

Sebastian Kurz Sebastian Kurz (; born 27 August 1986) is a former Austrian politician who twice served as chancellor of Austria, initially from December 2017 to May 2019 and then a second time from January 2020 to October 2021. Kurz was born and raised in ...

(see Kurz corruption probe), Dressmann stores in

Austria Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous ...

had to stay closed for weeks. As a result, Dressmann Austria filed for insolvency on May the 18th. Around 50 creditors with total claims of 14.2 million euros are affected by the

insolvency In accounting, insolvency is the state of being unable to pay the debts, by a person or company ( debtor), at maturity; those in a state of insolvency are said to be ''insolvent''. There are two forms: cash-flow insolvency and balance-sheet ...

proceedings. The last Dressmann store in Austria closed on 31st of August, followed by sale that saw products' prices reduced to up to 50%.

References

External links

Official page
Clothing companies of Norway Retail companies of Norway {{Norway-company-stub