Germany's beleaguered Galeria department store group can try to start afresh in August, as a district court announced on Monday that the group's insolvency proceedings have been lifted. Beginning ...
The new owners of bankrupt German department store chain Galeria Karstadt Kaufhof plan to keep more than 70 of the chain's 92 branches open, the bankruptcy administrator announced on Wednesday. The ...
With the addition of GALERIA Kaufhof Group, the HBC portfolio includes more than 464 stores in four countries with eight banners and expected sales in the range of C$14.5-C$15.5 billion in fiscal 2016 ...
There has been a major change in German department stores. Leadership has transitioned to Galeria Kaufhof, making it one of the leading department stores in Europe. Kaufhof is well known to German ...
Galeria Karstadt Kaufhof, Germany’s only department store company and one of Europe’s oldest and largest department stores will close 52 of the chains 129 stores by the end of the year. It means that ...
We are excited to work with the GALERIA Kaufhof management team to leverage our expertise, and we welcome GALERIA Kaufhof to our portfolio of dynamic brands.” Olaf Koch, Chairman of METRO’S Management ...
The signs were already there. In January this year, Galeria Karstadt Kaufhof, one of Europe’s largest and oldest department store chains, asked for and received 220 million euros of government ...
Hudson’s Bay Co. announced on Monday an agreement to buy German department store Galeria Kaufhof, expanding HBC’s international presence. Here’s a look at what Canada’s oldest company is acquiring.
“Uncertainty and anger” was how Galeria Karstadt Kaufhof salespeople described their mood when the first protest actions took place in Berlin, Mannheim, Heidelberg and elsewhere earlier in December.
FRANKFURT—Hudson’s Bay Co., the owner of Saks Fifth Avenue, said it would buy Germany’s Galeria Kaufhof, combining two storied department-store chains in a deal valued at €2.42 billion ($2.73 billion) ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Metro, the German retail group, revived hopes of a sale of its Galeria Kaufhof department store chain by naming ...
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