Zoltán Jókay

Founding: Brothers Oskar and Hermann Tietz opened their first store in 1882.

Name: "Hertie" is short for Hermann Tietz.

Past: The Tietz family was Jewish. In 1934, the Nazi regime forced them to sell their stores for much less than they were worth.

Bankruptcy: The company faced financial struggles in the early 2000s and went bankrupt.

source: ai