Closed is in the clear. After filing bankruptcy proceedings in August, the German denim brand’s two-month investor process has come to an end. Fashion executives Dieter Holzer and the Böck family—sole shareholder of contemporary lifestyle label Marc O’Polo—are the new owners of Closed. More from Sourcing Journal “The investor consortium of the Böck and Holzer entrepreneurial families has presented a convincing offer and business concept,” said Stefan Denkhaus, the insolvency administrator. “We have found ...