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KaDeWe Group

From Wikipedia, the free encyclopedia

KaDeWe Group GmbH is a group of three department stores in Germany with around 4,000 employees.[1] It is owned by the ThaiCentral Group.

Stores

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Operating

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Future

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History

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The group was founded in 2014 bySigna Holding (at the time owner of German department storeGaleria Kaufhof) and was also owned by Beny Steinmetz for a short period. In 2015Central Group (who own a plethora of department stores in Asia and Europe) acquired a stake in the company.[3]

The construction of a new department store titledLamarr (after actressHedy Lamarr) was announced in 2022 to be built in Vienna.[4]

In 2023, Signa Holding filed for bankruptcy and in mid-2024 Central Group purchased 100% of the company.[5][6]

References

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  1. ^"The KaDeWe Group (Alsterhaus, KaDeWe, Oberpollinger)".IGDS.
  2. ^abVan, Tong (2024-06-25)."Central Group snaps up KaDeWe's remaining assets. What's next?".Inside Retail Asia. Retrieved2025-03-08.
  3. ^"KaDeWe Has Been Handed to a New Owner".www.berlinglobal.org. Retrieved11 January 2024.
  4. ^Dong, Irene (2022-11-09)."Central Group unveils Lamarr luxury department store planned for Vienna".Inside Retail Asia. Retrieved2024-08-08.
  5. ^"Signa Development files for insolvency with $1.3 bln in debts -KSV".Reuters. 29 December 2023. Retrieved8 August 2024.
  6. ^Conti, Samantha (2024-08-01)."Central Group Takes Full Control of KaDeWe Stores in Germany, Names Timo Weber CEO".WWD. Retrieved2024-08-08.
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