The basis of the story of the ready-to-wear brand we know as Sevenhill, founded in 1997 and embracing everyone from 7 to 70 years old, is actually long ago It holds up. The founder, Bektaş Özbek, started the industry as a fabric merchant. Selling fabrics on a donkey in Adana hawks He even did it!
Bektaş Özbek later came to Istanbul and founded a textile company in 1979, establishing the brand we know today as Sevenhill. lays the foundation.
In the following years, with his son’s involvement in the company, Beş Yıldız Tekstil, to which the Sevenhill brand belongs, was founded in 1997 and the commercial life of Sevenhill began. In fact, there is determination behind the Sevenhill brand. A complete basic story there is.
In fact, the name of the brand was not Sevenhill when it was first established.

Although the brand we know as Sevenhill was originally founded under the name ‘Seven’, meaning ‘seven’, it later became known as Sevenhill. “seven hills” It bears the name Sevenhill, which means “Sevenhill”. The reason for this name change is that Turkish consumers read the word ‘seven’, which means ‘seven’ in English, as the word ‘seven’, which means ‘to love’ in Turkish.
Although it continues to grow steadily, after a while financial problems appear.

Since its inception, Sevenhill has worked with celebrities and major companies of the period on both advertising and campaigns. steady growth exhibitions.
So much so that Sevenhill operates throughout Türkiye. many stores and hundreds of employees It has it.
But after a while the spell breaks and the brand loses some begins to close its branches.
Founder Bektaş Özbek takes matters into his own hands and opens a new store due to the company’s poor progress.

Although he had previously handed over management to his children and the competent manager, because the company became smaller and smaller, Bektaş Özbek takes charge of things again But this stress is not good for him and Bektaş Özbek is in this stressful period. heart attack is continuing.
After his recovery, Özbek opened a new branch in Carousel AVM in 2009 to improve the brand’s image. To a story that will end badly take the first step…
Branch closures also cause a negative discourse about Sevenhill in the market.

Rumors circulated in the market that Sevenhill’s financial structure was deteriorating and financial problems were arising, causing distress to investors and investors It influences banks’ approach towards the business.
In 2013, the Özbek family started working for two companies. applying for a postponement of bankruptcy finds it.
Due to increasing financial problems, the company founder attempted suicide in 2014!

The news from Sabah newspaper shows that Bektaş Özbek, who could not pay a small part of the rent debt of the branch he opened in Bakırköy Carausel, was no longer able to pay salaries to his employees due to the blocking of his accounts. paid off within two years. 425% interest It was stated that the amount had been processed and amounted to more than 1 million liras.
For this reason, although Özbek tried for a long time to reach the person who filed the lawsuit, the plaintiff refused to meet him and was locked up in front of the plaintiff’s workplace. suicide attempt It is known to exist.
In his interview with Sabah newspaper, Bektaş Özbek said the following on the subject: Finally, I wrote and emailed him saying that if he didn’t meet me, I would commit suicide in front of his workplace. He still hasn’t met me. I don’t even crush an ant, I shoot myself.
In 2015, the court overturned the decision to postpone bankruptcy and this is where Sevenhill’s story ends.
According to news at the time, the company’s debt amounted to approx almost 80 million liras It is stated that the assets are not sufficient to cover these debts.
For this reason, the court overturned the decision, even though the Özbek family’s companies had been under the supervision of trustees for a year and a half. He decides on the company’s bankruptcy in 2015.
Thus, Sevenhill, which made a name for itself for a while with its successes, left a sad story behind. disappears from the trading arena.
Source: Hürriyet, Sabah
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