Posts tagged as sportarena

  • kaufhof_aussen_alex_02_320

    Monday, September 28th 2015

    Hudson’s Bay reveals details on Kaufhof deal

    by Markus Huber

    Hudson’s Bay, from next Thursday new owner of the German and Belgian Galeria Kaufhof and Sportarena stores, has revealed details of how the Canadian retail group wants to re-invent the department store chain. According to Wirtschaftswoche, Hudson’s sees a need to improve Kaufhof’s online business which currently contributes only 2 percent of the retailer’s sales. […]

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    Thursday, September 17th 2015

    Kaufhof: major clean-up under new owners

    by Markus Huber

    Hudson’s Bay, the Canadian retailer, which agreed to acquire Galeria Kaufhof, the German chain of department stores and its affiliated network of specialty Sportarena stores,  is about to implement major changes. Manager Magazin reports that it is likely that Kaufhof’s long-time chief executive, Lovro Mandrac, will leave the company even before the transaction comes to […]

  • Wednesday, August 5th 2015

    The Haniels hand over power to a next generation at Metro

    by Markus Huber

    Apparently, the Haniel family, which has controlled the huge cash & carry group and owner of Galeria Kaufhof and Sportarena in Germany and Belgium, is changing its strategy. Franz Markus Haniel will not run for a renewal of his contract as chief of the supervisory board. It was said that an “independent” candidate should oversee […]

  • Tuesday, January 17th 2012

    Metro halts talks to sell Kaufhof

    by Markus Huber

    Metro Group has put an end to negotiations with potential buyers of its department store chain Galeria Kaufhof along with the Sportarena chain. Olaf Koch, the group’s chief executive, explained today that the situation on the financial markets does not create the appropriate environment for such a transaction. The preliminary figures for the fiscal year […]