Munich announces 65 redundancies and the closure of 15 stores in Spain

Madrid – Renowned Barcelona-based brand Munich, which specialises in the design and sale of fashion and footwear, has begun negotiations for a collective redundancy procedure. This will affect approximately 65 employees and involve the closure of 15 stores. The restructuring of its workforce and retail network is a result of the economic difficulties the company has faced over a particularly challenging last fiscal year.