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Svetlana Velmar-Janković
KaDeWe Group GmbH is a group of three department stores in Germany with around 4,000 employees.[1] It is owned by the Thai Central Group.
Stores
Operating
Future
- Carsch Haus in Düsseldorf (opening in 2025)[2]
- Lamarr in Vienna, Austria (opening in 2025)[2]
History
The group was founded in 2014 by Signa Holding (at the time owner of German department store Galeria Kaufhof) and was also owned by Beny Steinmetz for a short period. In 2015 Central Group (who own a plethora of department stores in Asia and Europe) acquired a stake in the company.[3]
The construction of a new department store titled Lamarr (after actress Hedy Lamarr) was announced in 2022 to be built in Vienna.[4]
In 2023, Signa Holding filed for bankruptcy and in mid-2024 Central Group purchased 100% of the company.[5][6]
References
- ^ "The KaDeWe Group (Alsterhaus, KaDeWe, Oberpollinger)". IGDS.
- ^ a b Van, Tong (2024-06-25). "Central Group snaps up KaDeWe's remaining assets. What's next?". Inside Retail Asia. Retrieved 2025-03-08.
- ^ "KaDeWe Has Been Handed to a New Owner". www.berlinglobal.org. Retrieved 11 January 2024.
- ^ Dong, Irene (2022-11-09). "Central Group unveils Lamarr luxury department store planned for Vienna". Inside Retail Asia. Retrieved 2024-08-08.
- ^ "Signa Development files for insolvency with $1.3 bln in debts -KSV". Reuters. 29 December 2023. Retrieved 8 August 2024.
- ^ Conti, Samantha (2024-08-01). "Central Group Takes Full Control of KaDeWe Stores in Germany, Names Timo Weber CEO". WWD. Retrieved 2024-08-08.