More From Melissa Drier
Metro Profits Halved in Quarter
German retail giant saw sales in period decline 4.2 percent.
Van Der Vis Takes Over at Esprit
The Heinz Krogner era at Esprit is drawing to a close.
Escada Insolvency Proceedings Begin
Insolvency proceedings over the assets of Escada AG were opened Sunday at the Munich Municipal court.
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Hugo Boss Profits Drop in Third Quarter
Net income for Hugo Boss dropped 24.8 percent in the period, and the group's wholesale business remains under…
Escada Bidding Nears End
Escada’s search for a buyer is nearing the final phase.
Catalogue Firm Quelle to Liquidate
Catalogue firm Quelle, part of insolvent Arcandor Group’s Primondo mail order division, will liquidate.
Quelle Decision Nears
The future of Arcandor Group's mail order unit will be decided this month.
Puma To Launch Phone
Mobile handset to launch in Europe next year.
Group Pressures European Retailers to Lift Wages
Clean Clothes Campaign will target Tesco and Carrefour as part of an international effort to raise wages for…
Adidas, Puma Teaming Up
Activewear rivals join forces to support Peace One Day project.
Salzer Sells Escada Stake
Escada AG’s chief executive officer Bruno Sälzer and chief operating officer Werner Lackas have sold their…
Stefanel Sells Munich-Based Retailer Hallhuber
Italian clothing manufacturer and retailer Stefanel SpA has agreed to sell Hallhuber GmbH to private equity…
Arcandor to Seek Breakup
German group Arcandor AG has failed to find an investor.
Escada Files for Insolvency
Escada has officially filed for insolvency at the Munich district court Thursday.
Escada’s Financial Woes Mount
Fashion firm Escada is close to filing for insolvency.