"We are not running a race": CEO Dieter Holzer on Closed after insolvency

Closed has moved past its insolvency and is realigning, though without breaking from its past. The Hamburg-based denim label is focusing on continuity over a complete restart under the leadership of CEO and shareholder Dieter Holzer, who was CEO at Marc O’Polo until mid-2021. The brand's DNA remains intact. Simultaneously, Closed is developing a more focused collection, new structures, and its international expansion.