More From Melissa Drier
Arcandor, Metro Merger Denied
Speculation is again heating up that Germany’s two main department store chains, Karstadt and Kaufhof, are…
Douglas Trims Forecast Following Loss
Company sales decline 1.9 percent.
Arcandor Shares Fall 19 Percent Monday
Shares for Arcandor sink amid reports that the firm would be seeking state aid.
WWD Recommends
Metro Profits Plunge in Quarter
Group sales slipped 2.5 percent: “noticeable upward trend” detected in April.
Escada Warns Over Future
Escada CEO Bruno Sälzer pushes restructuring to survive.
Beer Exits Hugo Boss USA
After seven months as president of Hugo Boss’ American business, Joachim Beer is out.
Hugo Boss Names New COO
Andreas Stockert joins firm from Kühne + Nagel Management AG.
Escada Announces Restructuring Plan
German fashion house Escada is launching a financial restructuring and recapitalization package to raise 30M…
Arcandor Spinning Off Premium Stores
Arcandor to spin off premium department store operations and portion of catalogue business into a separate…
Woolworth Deutschland Files for Bankruptcy
German retailer Woolworth Deutschland GmbH & Co. KG confirmed Tuesday it filed for bankruptcy over Easter…
Hugo Boss CEO Sets Growth Plan
As Hugo Boss reports 4th-quarter and full year losses, ceo Claus-Dietrich Lahrs sees multiple growth…
Hugo Boss Net Falls 27 Percent in 2008
German firm says fourth-quarter sales rose 6 percent; profitability improving.
Metro Profits Slip 3.9 Percent
Metro group's Kaufhof chain sees increase in sales.
Salzer Outlines Vision for Escada
Troubled German fashion group Escada sees sales slide 7.5 percent amidst “full-scale reorientation.”…
Boss Inks License for Children’s Wear
French firm C.W.F. to produce and distribute Boss Kidswear for spring 2010.