Kling says goodbye six years after its relaunch

The Spanish brand Kling closes its physical stores and its online platform, as it has shared on its social networks. This decision has taken place six after leaving the process bankruptcy at the end of 2016 after a group of investors took control led by two of the co-founders of Logisfashion, Juan Manzanedo, the CEO, and Juan Martínez, and partners of the Catalan law firm Baker&McKenzie, responsible for managing this operation.

For the relaunch, an investment of two million euros was made. At the head of Kling, its founder was put back and the staff of 25 people was maintained. The company had at that time ten establishments, in Madrid, Barcelona, ​​Granada and A Coruña, and sixteen corners at El Corte Inglés in Spain. The company was launched in 2004 by the Madrid businessman Papo Kling, who began his career selling at his store located in the Mercado de Fuencarral in Madrid.

After this, the company restarted the activity, eliminating its presence abroad. Until then, Kling sold in France, Germany, Italy, the United Kingdom, the United States and Canada. The objectives changed and focused the resources in Spain.

In 2018, despite the company’s efforts, most stores had to close, except for the located at number 3 Argumosa street (Madrid), which is no longer operational. In the following years, the company also abandoned El Corte Inglés.

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