Hair and Skin Declines with Bankruptcy Proceedings for Hair & Skin Medical AG
Bankruptcy Proceedings for Hair & Skin Medical AG
Hair and Skin has been thrust into the spotlight with the initiation of bankruptcy proceedings against Hair & Skin Medical AG. The Zurich Supreme Court confirmed on Tuesday the commencement of these proceedings, leaving the staff bewildered and unpaid for their July salaries. An internal source stated, “We haven’t even received our salaries for July,” shedding light on the dire situation.
Details of the Bankruptcy Announcement
The Notary Inspectorate's mobile team has confirmed the ongoing bankruptcy procedure on their website. They stated, “With a ruling on 23.08.2024, the competent court has opened bankruptcy proceedings against Hair and Skin Medical AG, located at Neuwiesenstrasse 15, 8400 Winterthur, and assigned us with the execution.”
Expansion Plans in Jeopardy
Just in January, it was disclosed that Hair & Skin Medical AG aimed to expand into Great Britain, a move that now seems highly questionable. The Swiss clinic chain is known for offering a range of beauty treatments, including hair transplants, wrinkle treatments, skin boosters, and sweat treatments. Presently, Hair & Skin operates 14 branches across Switzerland.
Visit our source for more details on the unfolding situation.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.