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Saks Fifth Avenue

Kaufhof - Frankfurt

GALERIA Kaufhof GmbH

Austria’s Signa Group has taken control of German department store chain Galeria Karstadt Kaufhof from Canada’s Hudson Bay Company’s (HBC) by acquiring its 49.99% stake in the recently merged chain for $1.5b, HBC announced this month. Read more

Companies

Kaufhof - Frankfurt

GALERIA Kaufhof GmbH

German department stores Galeria Kaufhof and Karstadt Warenhausare to merge after Austria’s Signa Holding and Canadian retailer Hudson’s Bay Co. (HBC) agreed to form a joint venture via a new holding company, they announced this month. Read more

Companies

Kaufhof - Frankfurt

GALERIA Kaufhof GmbH

Canadian retailerHudson’s Bay Co. and Austria’s property and retail group Signa Holdinghave signed a non-binding letter of intent ‘to explore a potential joint venture’, Canada’s Hudson’s Bay Co. (HBC), announced this month. Read more

Companies

Kaufhof - Frankfurt

GALERIA Kaufhof GmbH

Canada's Hudson's Bay Co. was reported this week to again be in discussions with Austrian property and retail group Signa Holding GmbH about a joint venture with its German retail group Kaufhof... Read more

Companies

Kaufhof - Frankfurt

GALERIA Kaufhof GmbH

Following the takeover by Canadian retailer Hudson's Bay Company (HBC) of German high street department store chain Kaufhof last year, the Canadian group has announced a major investment programme for its German stores, starting immediately. Read more

Investment

Kaufhof - Frankfurt

GALERIA Kaufhof GmbH

The takeover last month of listed group Metro's Galeria Kaufhof retail chain by Canada's Hudson's Bay Company had obviously been the subject of considerable forward planning, to judge by the buyer's subsequent plans to deal with the individual... Read more

Investment