More From Melissa Drier
Metro Profits Before Special Items Rise 14.1 Percent
Company sales drop 3.6 percent.
A Tough Time Seen Ahead for Europe
European retailers are bracing for a see-saw recovery at best, and at worst a double-dip recession.
German Perfumery Sales Fall 1.6% in 2009
Heightened price sensitivity among consumers put Germany's perfumeries under pressure in 2009.
WWD Recommends
Henkel EBIT Gains 38.6 Percent
Operating profits from cosmetics and toiletries grew 2.9 percent.
Metro Profits Slip 3 Percent
German retailer lauds “very satisfactory” Christmas at Galeria Kaufhof.
Joop Launches Second Signature Men’s Scent
Wolfgang Joop and Coty Prestige have taken a literally freethinking approach to their new scent, Freigeist.
Desigual Set to Expand in 2010
Despite the global downturn, the Spanish fashion brand Desigual remains on a rapid expansion course…
German Court Curbs Sunday Trading
Berlin’s liberalized shopping hours to come to an end next year.
Pieters Stepping Down at Hugo
New design team at German label to take over from fall collection.
Techno Luxury Conference Examines Digital Space
Seen as both an opportunity and a threat, technology is now an unavoidable factor to be reckoned with in the…
Strength in Numbers: Berlin’s Trade Show Scene
This city is turning into German trade show central as the fall season kicks off with eight trade fairs, plus…
Klaus Steilmann Dies at 80
Founder of Germany’s Steilmann Group was once Europe’s largest apparel manufacturer.
Arcandor Seeking Buyer for Karstadt
The search is about to begin for a buyer for the insolvent Arcandor Group’s Karstadt department store…
Mittal Family Buys Escada
Escada has found a new home.
Otto Group Acquires Quelle Russia
Mail order business was part of insolvent Arcandor Group.