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HBC Europe and Signa’s Karstadt Warenhaus complete merger

HBC has announced that the merger of retail operations of HBC Europe and Signa’s Karstadt Warenhaus GmbH and the formation of the companies’ real estate joint venture is now complete. Commenting on the development, Richard Baker, HBC's Governor and Executive Chairman, said in a statement: “This transaction generates substantial proceeds for HBC....

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Dress-for-less acquired by Signa Retail

Online fashion discounter Dress-for-less is set to continue trading after previously filing for a suspension of payment as the retailer has been acquired by Signa Retail, parent company of German department store Karstadt. The online discounter first filed for a suspension of payments in June 2016, months after its management team acquired...

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