Retail News Flash

Bi-weekly Podcast mit News aus dem Handel

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The planned rescue of the well-known TV institution Mediashop has officially failed. Despite intensive efforts and a restructuring plan, the company must now file for bankruptcy.

Interio Insolvent Again

Lego's revenue rose by 12 percent to 11.2 billion euros, the company announced at its headquarters in Billund. In total, up to 300 KIK store closures are planned across Europe, while only 75 new store openings are scheduled.

Breuninger has not found a buyer The planned sale of the Stuttgart-based multi-channel retailer Breuninger has apparently fallen through...

Bi-weekly Podcast mit News aus dem Handel

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EuroShop's success story began in 1966 with its premiere as a trade fair for “modern shops and shop windows. Six decades later, the 23rd EuroShop has come to a successful close after five intensive days in Düsseldorf. With over 81,000 trade visitors from 141 countries and 1,840 exhibitors from 61 nations, the world's leading trade fair for retail investment needs has underlined its claim to be the “Global Retail Festival.” Two-thirds of visitors came from abroad, with one in five from countries outside Europe.

Decathlon will come to Gerngross

Woolw...

Bi-weekly Podcast mit News aus dem Handel

Quester bankrupt, half of stores to close

Sven Voth takes over Hervis

Body Shop is bankrupt

BIPA opens its first store in the Mega Mall shopping center in the Romanian capital Bucharest. This makes Romania the second country after Croatia in the international expansion strategy alongside the domestic market of Austria. By 2026, 20 to 25 stores are to be opened annually.

Thomas Philipps and Ikea are now neighbors

First shop moves out of new Naschmarkt hall again

Saks Global has just secured...

Bi-weekly Podcast mit News aus dem Handel

The insolvent Austrian subsidiary of US jewelry retailer Claire's still has a future: in bankruptcy proceedings on Monday, creditors accepted a restructuring plan after the company and its stores were already facing closure.

Tupperware's US parent company went bankrupt in 2023, followed by Austria in 2024 and Germany in 2025. A French investor is now relaunching the French branch. Logistics, distribution, and product range have been revamped.

The sports retail chain Hervis is divesting itself of its subsidiaries in Hungary and Romania.

Rewe acquires 21 Unimarkt locations, six in Styria <...

Bi-weekly Podcast mit News aus dem Handel

English Version:

Beginning of Europark extension

400 jobs are being reduced in Wattens at Swarovski.

Renovation of Passage Linz completed

The end of the Libro brand is approaching

Further Shein openings in France delayed

Starbucks sells a majority stake in its China business to investment firm Boyu Capital for $4 billion.

JD.com sichert sich Mehrheit an MediaMarkt

Spar takes over 23 UniMärkte stores

Coty has filed a lawsuit against Gucci and Kering in London.

Bi-weekly Podcast mit News aus dem Handel

English version:

Amazon plans to replace more than half a million jobs with robots

Slovenian retailer Mass and financial investor Advance Capital Partners are acquiring Humanic's parent company

Leder & Schuh, based in Graz.

Closed opens again

Lidl - 300 new Shops

The US coffeehouse chain Starbucks has closed several locations in Austria. Stores in Salzburg, Linz, and Innsbruck have been permanently shut down.

Quester is insolvent

Unibail-Rodamco-Wesfield (URW) has acquired a 25% stake in St James Quarter in...

Bi-weekly Podcast mit News aus dem Handel

English Version:

All 90 branches of Uni Markt will be sold.

Closed will be overtaken by Marc O `Polo.

Bugatti starts with Travel Retail on Cruise Ships, Duty Free Shops ,,.

Claire´s Austria is insolvent. Some of the 14 branches are already closed.

Adidas and Audi are starting a cooperation in F1.

Shoppingcenter constructions in Vienna at the Kärntnerring Hof and the Mariahilfer Straße 10-18.

IKEA Buys Nike Flagship in SoHo for $213 Million In a bold move, IKEA has...

Bi-weekly Podcast mit News aus dem Handel

English Version:

Spar switzerland has a new owner.

The future of Palmers stores in Austria.

Kik plans to close hundreds of stores in Germany.

Giorgio Armani left clear instructions for the future of his fashion empire in his will.

Frankonia opens its first Austrian store in Parndorf.

Amancio Ortega, the billionaire founder of Zara, purchased a luxury retail complex in the Miami Design District.

Homeland opens store in Vienna.

Billa is testing a Beautyzone of about 200...

Bi-weekly Podcast mit News aus dem Handel

English Version: Analysis of Austrian trade

Claire's is insolvent

Castore has acquired heritage outerwear brand Belstaff

SES will built a retail park in Varazdin (Croatia)

Restart from Benetton

Brunello Cucinelli increases operating profit by 8.8 percent in the first half of 2025

Görtz also insolvent in Austria

Breitling has signed a multi-year global partnership with the NFL

Chloe Malle follows Anna Wintour at Vogue US.

Bon voyage Georgio Armani

Netflix House

A...

Bi-weekly Podcast mit News aus dem Handel

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Soonae Sierra takes over german third party business from URW.

Closed files for insolvency under its own administration; business operations at around 40 locations will continue for the time being.

Kim Kardashian’s clothing and shapewear brand has hired Robin Gendron as its first president for Europe, the Middle East and Africa, as it prepares to open standalone stores in London and Dubai.

Topshop.com is back and was celebrated with a big catwalk.

Douglas opens immersive experience pop up Café in...

Bi-weekly Podcast mit News aus dem Handel

English Version:

The Katjes Group acquires 60% of Bogner, with the remaining shares remaining with the Bogner family.

Last year, the Stuttgart-based fashion retailer achieved a gross merchandise volume (GMV) of €1.6 billion, a company spokesperson confirmed to FashionUnited upon request. This represents an increase of around six percent in GMV compared to the previous year.

Benetton plans return to profitability

JD.com wants to buy Mediamarkt/Saturn

Philipp Plein store in Vienna city center closes – franchisees announce new fashion concept.

LVMH has...

Bi-weekly Podcast mit News aus dem Handel

English Version:

Dollinger will clos all shops in Germany

Almost every second person buys second hand

The Danish company Change of Sandinavia takes over Palmers.

Kaufhaus Tyrol, the future operator has now also been determined

The “Schwäbische Jungfrau” gives up its location on the Graben, Vienna.

Millions in fines for low-cost retailer Shein in France

Following the acquisition of the former Hausmann property in Seiersberg-Pirka, a new, modern retail park called FMZ Shopping Süd is to be bui...

Bi-weekly Podcast mit News aus dem Handel

Shortnotes:

Now it has worked out after all: Gössl restructuring plan accepted

Insolvent fashion giant is taken over by Spanish company Victrix - the end for all stores!

Inditex launches discount format Lefties in key European markets Decoration chain Depot retains only around half of its German stores

Kaufhaus Tyrol sold

The final agreement was approved by the e.l.f. Beauty Board of Directors. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close i...

Bi-weekly Podcast mit News aus dem Handel

English shownotes:

Galeria split up with Oliver Van den Bossche

No new start in sight - Gerry Weber insolvency reaches Austria

Skechers goes private in a $9.4 billion deal with 3G Capital. This transaction, which is expected to close in the third quarter of 2025, will take Skechers private after 26 years as a publicly traded company.

Lamarr project (Vienna, Mariahilfer Straße) threatened with partial demolition

Modepar Röther will close in Salzburg and will open in Villach

American sporting goods giant Ca...

Bi-weekly Podcast mit News aus dem Handel

English version:

No new Shopping Center in Austria last year

New owner in sight for Kaufhaus Tyrol

Investor wants to turn Palmers into a premium brand, final decission on may 20th. Jones will close all stores

Sephora is introducing “Quiet Hours” in selected British stores on a trial basis.

IKEA is testing various forms of rentable transportation at its stores in Utrecht (Netherlands), Westbahnhof Vienna (Austria) and Gallerian Stockholm (Sweden) and is also significantly expanding its service with pick-up stations. Depot has to c...

Bi-weekly Podcast mit News aus dem Handel

English Version:

Hudson's Bay, Canada's oldest retailer, files for bankruptcy protection. The department store chain was unable to secure financing to strengthen its cash reserves. Hudson's Bay had also delayed payments to suppliers.

Italy's largest fashion group, Prada, is apparently about to take over the Versace brand, which belongs to the American Capri holding company. A purchase price of 1.5 billion euros is being discussed.

Palmers will close 36 stores in its home market. However, the 15 stores in Germany are to be retained. Most recently, Palmers operated 114 of...

Bi-weekly Podcast mit News aus dem Handel

English version:

Birkenstock reported a 19 percent sales increase, driven by strong demand for its footwear.

C&A closes its FIT project.

Shoe designer Steve Madden has announced the acquisition of British luxury brand Kurt Geiger, thereby expanding its presence on international markets. Forever 21 to close more than 200 stores in the US.

Zara opens ski wear pop up in Verbier.

Saint Laurent is proud to announce the reopening of Saint Laurent Rive Droite Paris by Anthony Vaccarello​ ​213 rue Saint-Honoré, Paris

The locat...

Bi-weekly Podcast mit News aus dem Handel - 100. Episode!

In 2024, insolvencies increased by 10%, including many prominent names. The Viennese loungerie concept Palmers is looking for a new investor to avoid a potential insolvency.

Refurbed, the marketplace for refurbished electronics, announces a reduction of around 20 percent of its workforce.

According to Reuters, Shein is planning its London IPO with a drastically reduced valuation of 50 billion US dollars.

Google Maps was launched as a web-based map service on February 8, 2005. Initially, many functions were not yet part of the map service.

Stella McCartney has...

Bi-weekly Podcast mit News aus dem Handel

English version:

Amazon.com Inc. will shut down all warehouses and lay off employees in the French-speaking Canadian province of Quebec.

The plan envisages closing around 150 underperforming stores in 22 states over a period of three years, with the first 66 closures taking place in the first quarter of this year.

The plan is to close 419 of the total of 3,500 Benetton stores worldwide The Hamburg shoe retailer Görtz is insolvent again and several well-known potential buyers have already contacted the insolvency administrator Böhm from the Hamburg la...

Bi-weekly Podcast mit News aus dem Handel

According to Claire Report of the resale platform Rebag, Goyard beats Hermèrs for the first time in retaining value, achieving 104% vs 100%.

The approximately 610sqm store at 647 Fifth Ave builds on the success of previous pop-ups and a year of remarkable growth

The North Face and Skims have presented a collaboration that is designed for the transition from the ski slope to the après-ski lounge, among other things.

New openings in Romania and Spain. C&A continues its opening tour. The innovative group was a pi...

Bi-weekly Podcast mit News aus dem Handel

English Version: TK Mexx to enter spanish market wit first stores to open in 2026.

The Venetian department store Fondaco Dei Tedeschi closes its doors in 2025.

Swedish fashion group H&M Group is preparing to close its own Monki brand stores, and thus enters the next step in its Weekday integration plans.

ARKET, which is currently expanding across Europe, opened stores in Milan and Barcelona just this year. Openings in Vienna and Oslo are on the agenda for next year.

New bag brand Galiar debuts...

Bi-weekly Podcast mit News aus dem Handel

English version:

Footwear brand Allbirds has announced the signing of two new partners to oversee the distribution of its products in Europe and Latin America.

The French outdoor brand Salomon is opening two new locations in The Yards, Covent Garden and Soho. The latter is the first Salomon Sportstyle concept store. Staff at both locations will be equipped with smartphones so that customers can pay quickly thanks to the newly introduced Tap2Pay system.

Jacquemus opens on 33 New Bond Street in London.

Canada Goose...

Bi-weekly Podcast mit News aus dem Handel

English Version: Skechers writes strongest quarter in its history with 2.35 bn US Dollar in quarter 3 2024.

Deichmann to taker over shoe licence of Esprit in Europa and USA

The big winner in Q3/2024 is Alaia - up 12 places and now in 5th place in the ranking.Places 3 & 4 are the same as in the previous quarter, with Saint Laurent in 4th place and Prada in 3rd. There was a change at the top - Miu Miu leads the index ahead of Loewe. New in TOP 20_ Ralph Lauren ( 14), Toteme (16), Victoria Beckham (19...

Bi-weekly Podcast mit News aus dem Handel

English Version

Mytheresa has entered into a binding agreement to acquire 100 per cent of Yoox Net-a-Porter (YNAP) from Swiss conglomerate Richemont, the companies confirmed on Monday.

The Viennes project Lamarr was bought by the Austrian Investor Georg Stumpf out of the insolvency from Signa.

Men's fashion outfitter Anson's (part of Peek & Cloppenburg KG, Düsseldorf) has leased a space of around 2,600 square meters in the Westfield Hamburg-Überseequartier shopping center, with the store scheduled to open for the autumn 2025 season.

Peak Performance, the Swedish sp...

Bi-weekly Podcast mit News aus dem Handel

English version:

Snipes enters partnership with the parisian football club Paris Saint Germain and becomes official sponsor.

20 stores in Austria will be closed over the next 24 months and the company is withdrawing from the Eastern European business.

Central Group will take over Magazine zum Globus AG.

LVMH announced that it will sell Off-White LLC to Bluestar Alliance, a brand management company whose portfolio includes labels such as Tahari, Bebe and Scotch & Soda.Well, not quite, but at least 15 former S&S stores in Germany...

Bi-weekly Podcast mit News aus dem Handel

Shownotes:

New capital for the grocery delivery service Flink. Amongst them: Rewe Group. Body Shop saved via Aure Group who take over UK stores and business in Australia and North America.

URW Hamburg Überseequartier opening postponed to Q1 /2025

At 580 Broadway, the brand, which belongs to the Finnish sporting goods group Amer Sports Inc., opened the new location with a sales area of 1,300 square meters on two floors.

The 900 square meter Balenciaga store at 110 Greene Street is located in a listed building that was built i...

Bi-weekly Podcast mit News aus dem Handel

Englisch Version:

It looks like a long tradition is up for sale. The 143 year old and still family owned department store chain Breunings is apparently up for sale. Plussize clothing retailer Torrid increases profit in Q2

The ON brand's first store in Italy is now open. Located on Corso Vittorio Emanuele II in the historic center of Milan, the space spans two floors and more than 400 square meters, showcasing running, training, tennis and lifestyle.

The store in the former stock exchange is a dream. Around 400 m2...

Bi-weekly Podcast mit News aus dem Handel

Mars is buying Pringles, one of the biggest acquistions in this indurstry ever. All Ted Baker UK stores announced to close by 21.08.2024.

The Italian luxury house Versace has teamed up with RGZ Developers to design eight villas in Marbella and equip them with Versace Home products.the market value of a villa including 2T m2 of land will be over 10 million euros each.

A subsidiary of the investment company Regent has taken over Bally International A.G., which belongs to JAB Holding. Regent is a Beverly Hills-based global...

Bi-weekly Podcast mit News aus dem Handel

English Shownotes:

Zalando reduces its losses

Arnault has now 1% of Richmont

The iconic Los Angeles brand is closing its stores.

A pioneer of the shop-in-shop concept, where multiple brands are showcased in one space, Fred Segal helped drive the new generation of designers of the time. The Fred Segal Home Furnishings boutique in Culver City is still open. The Fred Segal brand is still owned by the Segal family, who hope to open new stores in the future.

The new CASA LOEWE...

Bi-weekly Podcast mit News aus dem Handel

Shownotes:

English Version:

Görtz has taken its online shop offline. Anyone who wants to shop at goertz.de only sees one Still image and the following text: """"To make your shopping experience even better, we're turning things up a notch the screws and we apologize in advance for any delivery delays that may have occurred as part of your Order can occur. We ask for your understanding.

The formula underlying the Lyst Index takes into account the behavior of Lyst shoppers, including searches on and o...

Bi-weekly Podcast mit News aus dem Handel

English:

Stationary fashion retailers were able to maintain their revenue levels in the first half of 2024 despite the ongoing slump in consumption. According to the TW test club, fashion retail companies achieved a par in sales compared to the previous year.

The Hotel Bauer Il Palazzo in Venice- Billionaire Bernard Arnault, owner of the luxury brand group LVMH, has entered the bidding war for the acquisition of a renowned hotel in Venice: the Hotel Bauer Palazzo, according to a report by the news agency Bloomberg. The famous hotel...

Bi-weekly Podcast mit News aus dem Handel

English version:

Italian luxury sneaker maker Golden Goose has postponed its IPO on the Milan Stock Exchange due to market volatility caused by political uncertainty in Europe. Fast fashion giant Shein looks increasingly likely to launch an IPO in London with a valuation of at least £50 billion. This follows an attempt in late 2023 to go public in the US

Danish jewelry retailer Pandora A/S has a new flagship store and has opened its first global flagship store on the popular Strøget shopping street in Copenhagen.With a...

Bi-weekly Podcast mit News aus dem Handel

Shownotes:

Galeria Karstadt Kaufhof to maintain 82 affiliates.

Rossmann boss Raoul Rossmann reveals his plans: he has a two-stage expansion plan in mind. ""Five to ten stores should be possible in the first year."" In the longer term, if they are successful, one hundred Rossmann stores can be expected in Switzerland in five to six years. The first stores will open in central Switzerland in December 2024 or January 2025, followed by openings throughout Switzerland. Two things are important: good space - and attractive prices.

It is the 17th...

Bi-weekly Podcast mit News aus dem Handel

Shownotes in English Version:

Most common tenants in the german shopping center landscape are Deichmann, Ernstings Family and DM. This is according to the latest Shopping Center Report 2024 from EHI.

The result is the fashion industry's most rigorous brand measurement tool, powered by cutting-edge AI technology. In the current Brand Magic Index, Dior leads ahead of Lv , Versace, Calvin Klein ex equo Hermes. "

The result is the fashion industry's most rigorous brand measurement tool, powered by cutting-edge AI technology.

A historic deal in August 2023...

Bi-weekly Podcast mit News aus dem Handel

English Version: Vogue reports of a successful event between mytheresa, the german online platform, and Brunoello Cucinelli at Lake Orta. Such kind of weekends are hosted around seven times per year from the part of mytheresa inviting top clients as well as relevant editors not to sell but to create occasions to wear outfits and gather.

Tod's is leaving the stock exchange after a successful offer from L.Catterton. This step will give the brand the chance to renew itself offiste the constant control of its shareholders.

"Compared...

Bi-weekly Podcast mit News aus dem Handel

Shownotes:

SWAROVSKI has opened its first flagship store in Piazza del Duomo 31, following the opening of stores on Fifth Avenue in New York City and in Dosan Park in Seoul.The interior of the 550 square meter store, which extends over three floors, was designed by the company's global creative director, Giovanna Engelbert. It is no coincidence that the concept is called “Come Wonder”, an imaginary world where science and magic meet. All of the company's collections can be discovered in the store, including crystal jewelry, watches, home accessories and tableware, eyew...

Bi-weekly Podcast mit News aus dem Handel

Shownotes:

The mayor of Nizza is not allowing Shein to open another Pop Up Store in the french riviera.

Esprit is closing 15 stores in Belgium as they file for CVA. Opening of URW Hamburg Überseequartier postponed to August 2024. At the beginning of January, the quarter with a total area of 419,000 square meters, including around 580 apartments, offices with 4,000 workplaces, three hotels and a cruise terminal, was still on the home stretch. The occupancy rate at this point was around 90 percent.

The Puma Studio will open in the g...

Bi-weekly Podcast mit News aus dem Handel

Short notes:

Della Valle is trying to delist Tod's for the second time. He now joins forces with L Catterton.

Esprit looses biggest german franchise partner PTH Esprit Switzerland Retail AG (ESRA), a wholly owned subsidiary of Hong Kong-listed Esprit Holdings Ltd, has reportedly filed for bankruptcy in a Swiss court in order to reorganize its business.

The DFB's partnership with US sports manufacturer Nike is set to begin in January 2027 and run until 2034. Nike is to equip all national teams during this period.

...

Bi-weekly Podcast mit News aus dem Handel

Mango achievies highest turnover result in its history, ending it with 3 bn Euro.

The Italian luxury group, which is listed on the Hong Kong stock exchange, wants to offer its luxury customers a personalized, comprehensive shopping experience. Under the leadership of Chairman Patrizio Bertelli, various brand elements such as fashion & accessories, food and art are to be brought together in the space to create a new shopping experience.Prada wants to expand its stores in major cities around the world with a holistic brand experience factor and also offer services...

News aus dem Handel

"The Chinese company SHEIN, which we have already reported on several times and which sells dresses for USD 8, shirts for USD 5 and costume jewelry for USD 2, is really shaking up the industry. According to Coresight Reasearch, SHEIN (which plans to IPO next year) is the world's largest fast fashion retailer with an estimated market value of 18%, closely followed by Inditex with 17% and H&M with 5%. In total, TEMU and SHEIN send around 400,000 parcels to Germany every day"

Around a year ago, the holding company Hermione People & Brands filed for bankruptcy protection for 26 Galeries...