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Top related persons:
Rachel More - 3 Lisi Niesner - 1 Rene Benko - 1 Ernst Tanner - 1 Hans Peter Haselsteiner - 1 Torsten Toeller - 1 Arthur Eugster - 1 SIGNA - 1
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Germany Berlin Munich New Britain's Selfridges Innsbruck Swiss Vienna
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REUTERS - 3 Thomson - 3 Rights - 2 Signa - 1 Chrysler - 1 Bank Austria - 1 Femina - 1 Chrysler Building - 1

Search resuls for: "KaDeWe"


4 mentions found


☆ Benko's complex web at Signa - from Chrysler building to Berlin landmark
  + stars: | 2023-12-01 | by ( ) www.reuters.com   time to read: +6 min
SIGNA PRIME/PROPERTY PORTFOLIOAccording to Signa, Prime is the group's largest company in its real estate division, valued at around 20.4 billion euros ($22.23 billion). Since 2019 Signa Holding has also been a co-owner of New York's iconic Chrysler Building. TRADING/RETAIL COMPANIESBenko has bundled his trading interests under the divisions Signa Retail and Signa Premium. In Switzerland, Benko's trading investments are bundled into Signa Retail Selection AG, which filed for bankruptcy protection on Wednesday. In 2018, Signa Holding bought around 24% stake in Austrian daily newspapers "Krone" and "Kurier" from Funke media group.
Persons: Lisi Niesner, Rene Benko, Ernst Tanner, Hans Peter Haselsteiner, Torsten Toeller, Arthur Eugster, SIGNA, Signa, Otto Wagner, Benko's, Klaus, Michael Kuehne, Kuehne, Hamburg's, Chirathivat, Benko, Frasers, Kaufhof, Karstadt, Galeria, Alexandra Schwarz, Goerlich, Mattias Inverardi, Victoria Farr, Emma, Rachel More, Elisa Martinuzzi, Tomasz Janowski Organizations: Signa, REUTERS, Chrysler, Bank Austria, Femina, Chrysler Building, . Central Group, Globus, Selfridges, Central Group, Funke, Thomson Locations: Berlin, Germany, New, Britain's Selfridges, Innsbruck, Swiss, Vienna, Hamburg, KaDeWe, Oberpollinger, Munich, Vienna's, Tyrol, Essen, Duesseldorf, London, Switzerland
☆ Signa group's SportScheck retailer to file for insolvency - reports
  + stars: | 2023-11-30 | by ( ) www.reuters.com   time to read: +1 min
'SportScheck' store is seen closed due to the coronavirus disease (COVID-19) pandemic in Munich, Germany, February 5, 2021. REUTERS/Michaela Rehle/File Photo Acquire Licensing RightsBERLIN, Nov 30 (Reuters) - German sporting goods retailer SportScheck, part of the debt-addled Austrian property empire Signa, will file for insolvency with a court in Munich on Thursday, the DPA news agency and other German media reported. The court was not immediately available for comment and SportScheck was not reachable. Signa declared insolvency on Wednesday after last-ditch attempts to secure fresh funding failed, making it the biggest casualty so far of a property crash in Europe driven by a sharp rise in interest rates and building costs. Reporting by Matthias Inverardi and Rachel More, editing by Kirsti KnolleOur Standards: The Thomson Reuters Trust Principles.
Persons: Michaela Rehle, SportScheck, Matthias Inverardi, Rachel More, Kirsti Organizations: REUTERS, Rights, Thomson Locations: Munich, Germany, Europe
☆ Data show inflation rising in some German states
  + stars: | 2023-08-30 | by ( ) www.reuters.com   time to read: +1 min
REUTERS/Annegret Hilse/File Photo Acquire Licensing RightsBERLIN, Aug 30 (Reuters) - Inflation rose in four of six key German states in August, according to data released on Wednesday, casting doubt on a continuation of a national downward trend. The national data will be published at 1200 GMT. Data from Bavaria and Hesse showed that inflation eased modestly in those states to 5.9% and 6.0%, respectively. Bastian Hepperle, economist at Hauck Aufhaeuser Lampe Privatbank, said inflation in Germany was still expected to slow despite the mixed picture. However, inflation remains well above the European Central Bank target of 2% and core inflation, excluding volatile prices like food and energy, has been stubbornly high.
Persons: Chandon, Annegret, Bastian Hepperle, Hauck Aufhaeuser Lampe Privatbank, Price, Rachel More, René Wagner, Friederike Heine Our Organizations: Moet, REUTERS, Rights, Reuters, European Central Bank, Thomson Locations: Berlin, Germany, North Rhine, Westphalia, Germany's, Baden, Wuerttemberg, Brandenburg, Saxony, Bavaria, Hesse, Europe's, Ukraine
☆ Inflation dampens festive spirit as German retail faces slump
  + stars: | 2022-11-10 | by ( Rachel | ) www.reuters.com   time to read: +3 min
BERLIN (Reuters) - German shoppers are tightening their purse strings this festive season, the HDE retail association warned on Thursday, forecasting the strongest slump in Christmas sales since 2007 as double-digit inflation weighs on consumer purchasing power. REUTERS/Michele Tantussi/File PhotoIn price-adjusted terms, retail sales in the crucial November-December period are forecast to drop by 4% year on year, the HDE said. The HDE’s survey of 500 companies found that a little more than half expected this Christmas sales period in Germany to be worse than last year, while 21% feared it would be considerably worse. In nominal terms, sales are expected to rise 5.4% year on year in the final two months of 2022, the association said. However, Genth warned that economic difficulties could deny German retailers the luxury of being able to offer discounts.
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