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Austrian Company Palmers: Hope for Rescue by International Investor
The traditional Austrian underwear manufacturer Palmers, which had to file for insolvency in February 2025, may be about to be rescued by a foreign investor. The regional court in Wiener Neustadt has decided that the company can continue to operate for now, but financial support is urgently needed.
April 24, 2025
Austria Becomes Self-sufficient in the Supply of Mouth and Nose Masks
Hygiene Austria LP GmbH, founded only 4 weeks ago by a cooperation of Lenzing AG and Palmers Textil AG with the aim of producing and selling protective masks for the domestic and European market, was made known to a wider public today by the visit of Federal Chancellor Kurz and Minister of Labour Christine Aschbacher, and two weeks ago by the visit of Federal Minister Margarete Schramböck.
May 19, 2020
Palmers-Subsidiary Lejaby Under Pressure
A French court opened insolvency proceedings on the subsidiary of the Austrian clothing company.
December 22, 2011
Palmers Seeks to Attract Investors
The Austrian clothing company expects sales of the current financial year to come in at approximately € 110m.
November 4, 2011
Palmers to be Sold
The owner of the Austrian clothing company are looking for potential buyers. The French subsidiary Lejaby however, is not for sale.
October 25, 2011
Palmers on the Way Back to Black Figures
The Austrian lingerie group’s results are still negative due to the acquisition of Lejaby. An expansion of the Palmers brand is planned in Germany and CEE.
June 15, 2011
Palmers in the Red
The Austrian lingerie company has to accept operational losses in addition to an unprofitable acquisition.
January 26, 2011
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