Big Downturn At Karstadt, But Arcandor Improves Sharply

Thomas Middelhoff, executive chairman of the Arcandor group, says it is still in the process of determining a definitive strategic direction for its department store business, represented by its remaining Karstadt and Karstadt Sport stores. In any case, it is pushing forward with cost-cutting measures following big declines in the ...

Keep reading this article by becoming a member

Already an SGI Europe subscriber? Sign in here

Gated access promo

Enjoy full access to SGI Europe

To continue reading this article subscribe now for the following benefits:

  • Unlimited access to our highly trusted industry insights and analysis 
  • Our executive edition of SGI Europe (released every 2 weeks) - the must-read for all leaders and decision makers in the industry
  • Benchmark yourself against the market and competitors
  • Find inspiration to drive your business forward
  • Stay up to date with new business models and startups
  • Download interactive charts, data and analysis to integrate into your presentations

for just 49€/month

Alternatively, try SGI Europe for 1€ for 30 days START YOUR 30-Day TRIAL NOW   


If you are interested in a Team or Corporate subscription, click here to find out more