New Yorker , which has become one of the leading players in the European clothing market, has passed away Bild reports on the businessman's death .
Knapp turned the New Yorker, founded in Lower Saxony, into a global fashion empire. Today, the company has more than 1,200 branches in 47 countries and about 23,000 employees. Branches of the network can be found in almost every large city in Germany.
Knapp, who rarely appeared in public, died on the island of Sylt, where he had arrived last week after long treatment in Switzerland. According to the newspaper Braunschweiger Zeitung, he fell seriously ill about a year ago.
The mayor of Braunschweig, Thorsten Kornblum, expressed his condolences in connection with the death of the businessman and emphasized his contribution to the development of the city, especially in the field of sports and culture.
