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Property group Signa's retail foray was a mistake, senior executive says

It was a mistake for Austrian property group Signa to venture into the retail business, since that cost it capital that was sorely missing when it tried to stave off insolvency, executive Alfred Gusenbauer said in comments broadcast on Saturday. Gusenbauer, a former leader of the Social Democrats and Austrian chancellor, was one of the most senior executives in the complex constellation of around 1,000 companies that make up Signa, the biggest casualty so far of the woes afflicting Europe'...
United Kingdom David Holmes Galeria Karstadt Kaufhof Rene Benko Francois Murphy Alexandra Schwarz Goerlich
Source: yahoo.com

Drapers Sustainable Fashion Awards 2024 finalists announced

The shortlist for Drapers Sustainable Fashion Awards 2024, which recognise the strides that are being made in reducing the industryโ€™s environmental impact and creating fairer working conditions across the supply chain, has been announced. The shortlist for Drapers Sustainable Fashion Awards 2024, which recognise the strides that are being made in reducing the industryโ€™s environmental impact and creating fairer working conditions across the supply chain, has been announced.
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