New Yorker fashion mogul Friedrich Knapp dies at 73
Friedrich Knapp, the founder and owner of the New Yorker clothing chain, passed away at the age of 73, as announced by the company's headquarters. The businessman built one of the most profitable fashion chains in Europe.
5:49 AM EST, November 18, 2024
"It is with great sadness that we say goodbye to our owner and managing partner, who made New Yorker one of the world's leading fashion companies through his courageous and visionary actions. Mr. Knapp was a family man and a thoroughbred entrepreneur who achieved outstanding things both entrepreneurially and socially," wrote managing directors Helene Steiner and Jonas Gnauck in an official statement.
In a special statement, Thorsten Kornblum, the Mayor of Brunswick (SPD), expressed his deepest sadness at the news of Knapp's death.
The future of the company has been secured
The company announced that the businessman ensured the succession of assets and management during his lifetime. On the supervisory board, the family is represented by Friedrich Knapp's daughter, Sophie Knapp, who serves as vice-chair.
Founded by Knapp, New Yorker currently employs about 23,000 people and has over 1,200 branches in 47 countries worldwide. The brand was established in 1971 in the German city of Flensburg.
