Posts tagged as arcandor

  • Friday, November 14th 2014

    Former Karstadt chief goes into jail

    by Markus Huber

    Thomas Middelhoff, the former chief executive of Arcandor, then the holding company of Karstadt, the German department and sporting goods store chain, has been sent to prison for three years this morning. A court in Essen ruled that the 61-year-old was guilty in 44 cases of embezzlement and tax fraud. It was said that he […]