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Thai Billionaire Acquires Berlin s Luxury Store KaDeWe

Berlin's renowned luxury department store KaDeWe has changed hands, now owned by the Thai Central Group.

Signa-Retail Company Lamarr Declares Bankruptcy

The highly anticipated Lamarr Kaufhaus project on Mariahilfer Straße in Vienna, set to include a flagship department store and hotel, has filed for bankruptcy.…

Signa Unit That Co-Owns Selfridges Files for Insolvency

(Bloomberg) The ongoing implosion of Rene Benko’s luxury property and retail empire has reached its most treasured holdings, engulfing the unit that holds a stake in the Selfridges department store.Most Read from BloombergThe Late-Night Email to Tim Cook That Set the Apple Watch Saga in MotionChinese Carmaker Overtakes Tesla as World’s Most Popular EV MakerApple Resumes Sale of Watches After Appeals Court Lifts US BanTesla Plans Revamp of Smash Hit Model Y From China PlantXiaomi Unveils Its F

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