Iconic KaDeWe department store in Berlin files for bankruptcy menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
KaDeWe Group, which
operates the eponymous Berlin department store and is part of
the troubled Signa real estate empire, said on Monday it had
filed for insolvency, the latest fallout of a widening. -January 29, 2024 at 09:25 am EST
- MarketScreener
The owner of iconic Berlin department store KaDeWe has filed for bankruptcy, citing drastically increase renting costs. But analysts remain optimistic about the store's future.