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Thousands of jobs threatened by insolvency of German department store chain Galeria Karstadt Kaufhof

While thousands of store workers face losing their livelihoods, the Verdi union is banking everything on a “new investor” being found.

Austria , Vienna , Wien , Hamburg , Germany , London , City-of , United-kingdom , Silke-zimmer , Wendelin-wiedeking , Stefanie-nutzenberger , Galeria-karstadt-kaufhof

Rene Benko's family villa targeted by Austrian tax authorities

Rene Benko's family villa targeted by Austrian tax authorities
accountingtoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from accountingtoday.com Daily Mail and Mail on Sunday newspapers.

Austria , Chrysler-building , New-york , United-states , Austrian , Schlosshotel-igls , Laura-privatstiftung , Schlosshotel-igls-betriebs-gmb , Selfridges , Benko-signa-group , Bloomberg , Rene-benko

Rene Benko's Family Villa Targeted by Austrian Tax Authorities

Rene Benko's Family Villa Targeted by Austrian Tax Authorities
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

United-kingdom , New-york , United-states , Chrysler-building , Austria , Austrian , Laura-privatstiftung , Rene-benko , Boris-groendahl , Schlosshotel-igls-betriebs-gmb , Benko-signa-group , Selfridges

Top subsidiaries of ailing Signa Group file for bankruptcy

The company that owns the luxury KaDeWe department store in Berlin and the Elbtower in Hamburg filed for bankruptcy on Thursday. Signa Prime Selection AG, a key subsidiary of Austrian real estate and retail mogul René Benko's Signa Group has filed for debtor-in-possession reorganization proceedings with the Vienna Commercial Court, the company announced. On Friday, the Signa Development Selection AG will do the same, the firm said. "The aim is the organized continuation of business operations wi

Vienna , Wien , Austria , Hamburg , Germany , Berlin , Austrian , Signa-holding , Vienna-commercial-court , Benko-signa-group , Kadewe-department

Globus wants to separate itself from Signa's bankruptcy, and its department store operations must continue

Globus wants to separate itself from Signa's bankruptcy, and its department store operations must continue
thewestonforum.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thewestonforum.com Daily Mail and Mail on Sunday newspapers.

Austria , Italy , Vienna , Wien , Germany , United-kingdom , Ireland , Thailand , Switzerland , Italian , Great-britain , Austrian

Snapshot of trading performance by Brown Thomas and Arnotts since takeover shows work to be done

Accounts for parent group show Irish department stores made a loss from mid-August 2022 under new owners

Netherlands , Thailand , United-states , United-kingdom , Cambridge , Cambridgeshire , Austria , Ireland , American , Irish , Dutch , Brown-thomas-arnotts

Owner of Brown Thomas, Arnotts records £124m loss

Department store portfolio was bought by René Benko’s Signa Group and Tiang Chirathivat’s Central Group for £4bn

United-kingdom , British-virgin-islands , Netherlands , Austria , Thailand , Cambridge , Cambridgeshire , Switzerland , Austrian , Brown-thomas , Julius-baer , Selfridges