Ulrich Stein, a revered name located in Hamburg's city centre, bids a final farewell as the company closes its doors permanently at the end of this week. The closure on the 5th of January follows a tumultuous period marked by insolvency declared back in mid-September. Simultaneously, a similar fate befell the Berlin branch, further adding to the company's challenges.
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Just a couple of years prior, Ulrich Stein, operating under the rebranded name Interior HB Design, had relocated within the bustling city, transitioning from Ballindamm to Alten Wall 32. This strategic move, accompanied by significant investments directed toward store renovations, unfortunately, appears to have been a miscalculated step.
One of the pivotal setbacks stemmed from a persistent and extensive construction site in the vicinity, severely impeding access for the sophisticated clientele. This obstruction posed substantial difficulties in managing the expansive 1,200 square meters of retail space.
Among the prestigious brands previously available at the store were Minotti, Promemoria, Hensch, Molteni, and Dada (formerly recognized as Eggersmann and later Arclinea Kitchens).
Source: www.moebelkultur.de