January 9, 2024

Galeria Karstadt Kaufhof insolvent again

The German Signa retail subsidiary Galeria Karstadt Kaufhof has filed for insolvency. The German department store chain announced that a new owner is being sought. The insolvency affects 92 department stores and more than 15,000 employees.

The L’Occitane Group has acquired Italian luxury home fragrance brand Dr. Vranjes Firenze

Dr. Vranjes Firenze was founded in 1983 by Dr. Paolo Vranjes and combines Florentine craftsmanship with the innovation of perfume science.

Madeleine brand rights acquired from fashion retailer Goldner

The Upper Franconian women’s fashion retailer GOLDNER is taking over the brand rights, the online store and the warehouse of the insolvent women’s fashion retailer MADELEINE.

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