News Formal

Thailand's Central buys rest of German luxury retail business KaDeWe

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 66%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

FRANKFURT : Thai retailer Central Group agreed to acquire the assets it has not already secured in KaDeWe Group, a chain of landmark department stores in Germany, part of tycoon Rene Benko's folded property empire.

FILE PHOTO: People enter the department store Kaufhaus des Westens "KaDeWe" in Berlin, Germany January 29, 2024. REUTERS/Annegret Hilse/File PhotoFRANKFURT : Thai retailer Central Group agreed to acquire the assets it has not already secured in KaDeWe Group, a chain of landmark department stores in Germany, part of tycoon Rene Benko's folded property empire.

Central would continue to run the stores and would now seek to renegotiate the rent agreements for the retail outlets, administrator Christian Graf Brockdorff said in a statement issued by KaDeWe Group, without disclosing financial terms.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 6. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Open for business: What to expect at The Lo & Behold Group’s lifestyle development New BahruThe former Nan Chiau High School is now an enclave for more than 40 Singaporean brands.
La source: The Straits Times - 🏆 8. / 63 Lire la suite »