×
2 513
Fashion Jobs
ESTÉE LAUDER
Clinique - Consultant - Boots-Liverpool Street, London - 37.5 Hours / Week - Full Time, Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots-Handforth Dean, Wilmslow - 15 Hours / Week - Part Time, Permanent
Permanent · Wilmslow
ESTÉE LAUDER
Clinique - Consultant - Bentalls, Kingston- 21.5 Hours / 3 Days / Week - Part Time, Permanent
Permanent · Kingston upon Thames
ESTÉE LAUDER
la Mer - Business Manager - Flannels, Meadowhall - 37.5 Hours / 5 Days - Full Time, Permanent
Permanent · Sheffield
ESTÉE LAUDER
Clinique - Consultant - Boots - Cribbs Causeway, Bristol - 17.5 Hours / 3 Days - Part Time, Permanent
Permanent · Bristol
ESTÉE LAUDER
la Mer - Business Manager - Harvey Nichols, London - 37.5 Hours / Week - Full Time, Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots, Warrington - 17 Hours - Part Time, Permanent
Permanent · Warrington
ESTÉE LAUDER
The Estée Lauder Companies - IT Service Desk Manager UK
Permanent · Fareham
ESTÉE LAUDER
Clinique - Consultant - Boots, Bishops Stortford - 7.5 Hours - Part Time, Permanent
Permanent · Bishop's Stortford
JOHN LEWIS
Contract Sales Manager
Permanent · DARWEN
PUMA
Cobra Puma Golf - Sales Support Coordinator
Permanent · Castleford
JOHN LEWIS
Loss Prevention Partner
Permanent · LEICESTER
HEAD OFFICE
Team Manager/Chef Victoria Head Office
Permanent · LONDON
VF INTERNATIONAL
Account Coordinator - Italian Speaking - Vans
Permanent · NOTTINGHAM
VF INTERNATIONAL
dc Training Specialist
Permanent · COALVILLE
VF INTERNATIONAL
dc Team Leader
Permanent · COALVILLE
DR. MARTENS
Finance Analyst
Permanent · LONDON
MULBERRY
Lifetime Service Centre, Raw Materials Stock Coordinator
Permanent · CHILCOMPTON
AUTUMNPAPER LIMITED
Alexander Mcqueen Vip Officer
Permanent · LONDON
AUTUMNPAPER LIMITED
Alexander Mcqueen Decision Intelligence Manager
Permanent · LONDON
ON RUNNING
Technical Representative
Permanent · LONDON
DEBENHAMS
Business Development Manager
Permanent · LONDON
Ads
By
Reuters
Published
Sep 30, 2013
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Metro CEO says Kaufhof doing well but still wants to sell

By
Reuters
Published
Sep 30, 2013

FRANKFURT, Germany - German department store chain Kaufhof is doing well but its owner Metro wants to sell it, the group's chief executive Olaf Koch told WirtschaftsWoche magazine.

"Kaufhof clearly has a better valuation compared to early last year when we were in talks to sell the chain," Koch was quoted as saying. "The company has made some fantastic progress."

Despite the improvement, Koch still intends to sell the chain, he said.

"The department store business cannot be internationalized in the same way as the wholesale or consumer electronics business. Return on investment is substantially lower."

He ruled out a merger with German rival Karstadt, which earlier this month sold a stake in its luxury and sports stores to Austrian investor Rene Benko.

"At the moment we don't seen a reason to look into that option," the Metro executive was quoted as saying.

Metro, the world's No.4 retailer, in early-2012 suspended the sale of its Kaufhof department stores, which at the time were valued at 2-3 billion euros ($2.7-4.1 billion), saying potential buyers were struggling to raise funds.

Businessman Nicolas Berggruen, who rescued Karstadt from insolvency in 2010, has been an advocate of a merger between the two department stores.

© Thomson Reuters 2022 All rights reserved.