KaDeWe news and archive

Central Group takes over business operations of the KaDeWe Group

The business operations of the luxury German department stores KaDeWe (Berlin), Oberpollinger (Munich) and Alsterhaus (Hamburg) are being sold to the Thai Central Group. According to information from the German Press Agency, a corresponding contract with the KaDeWe Group was signed on Friday. A purchase price was not initially disclosed....

ReportFeatured

Thai fashion group acquires German landmark store KaDeWe

Berlin's renowned KaDeWe department store has changed hands, with Thai conglomerate Central Group, also the owner of Selfridges, taking over ownership from the insolvent Austrian company Signa. Central Group, which has been actively acquiring European luxury stores, including Italy's Rinascente, Ireland's Brown Thomas, and Denmark's Illum,...

Report

Germany's KaDeWe Group files for insolvency

The KaDeWe Group, which operates the luxury department stores KaDeWe (Berlin), Oberpollinger (Munich) and Alsterhaus (Hamburg), has filed for insolvency. However, the stores will continue to operate, the company told the German Press Agency on Monday. Insolvency proceedings under self-administration have been applied for. The retail company...

ManagementFeatured

Selfridges Group appoints KaDeWe Group chief executive as new CEO

André Maeder has been named as the new CEO of Selfridges Group following its acquisition last year. Maeder will take on the role from the spring after stepping down from his current position as chief executive and managing director of KaDeWe Group on November 1. KaDeWe Group is also owned by Selfridges Group’s parent company, Central Group....

BusinessFeatured

KaDeWe buying director: “The trend is moving toward going out again”

The pandemic has inspired a desire for events and dressing up. For the fashion industry, this means a tense balancing act between body-conscious sexiness and the mega-trend of sustainability. How are buyers dealing with the situation? We talked to Simone Heift, buying director of The German KaDeWe Group, about which trends she is focusing on for...

Fashion |INTERVIEW Featured

Drones and ugly sneakers: The future of buying at luxury chain The KaDeWe Group

As streetwear blends with luxury and functional become fashionable, the lines between office and leisure wear are blurring. As a fashion buyer, capturing this evolution is the job of Colin Göbel-Thoma. In April, he started as buyer for Urban Sports at German luxury chain KaDeWe Group, which operates three of the most iconic German department...

Business

SIGNA acquires kika/Leiner, plans first KaDeWe department store in Vienna

Austrian real estate company SIGNA Group announced in a press release that it has signed the contracts for the acquisition of kika/Leiner, Austria’s second largest furniture chain. In the news release, SIGNA detailed that the acquisition includes the operative retail business, with its approximately 6,500 employees, as well as the approximately...