Galeria Kaufhof and Karstadt Announce Merger
September 14, 2018
Hudson’s Bay Company and Signa Holding has confirmed the merger of German department store chains Galeria Kaufhof and Karstadt. The merger will establish the third-largest department store chain in Europe, with combined sales of $6.3 billion, Reuters reports. Signa will maintain 50.01-percent stake in the combined entity, while Hudson’s Bay oversees the remainder.
The combined footprint will comprise 243 stores in Germany, Belgium and The Netherlands.
Ware Malcomb Reveals New Canadian Headquarters for TaylorMade
September 21, 2018 • Industry
Interdisciplinary design practice Ware Malcomb has completed its design of the new Canadian headquarters for golf apparel brand TaylorMade.
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