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...KaDeWe, Germany’s most famous and exclusive department store, filed for administration on Monday, becoming the latest casualty of René Benko’s crumbling property empire....
...At its peak the group held a property portfolio of luxury addresses — including London department store Selfridges, KaDeWe in Berlin and the Chrysler Building in New York — which Benko boasted was only rivalled...
...Chains including Primark, the clothing retailer, John Lewis, the UK department store, and Target of the US have complained of a growing problem....
...The US Department of Defense stores critical minerals in the National Defense Stockpile, but its value has dropped from $9bn in 1989 to less than $1bn, or below 0.3 per cent of annual demand globally, as...
...Ackman, founder of New York-based hedge fund Pershing Square Capital Management, is known for his activist campaigns at big companies, including dietary supplements company Herbalife, department store JCPenney...
...Today, Galeries Lafayettes is Europe’s biggest department store chain....
...Take a break from the news The Tortured Poets Department, Taylor Swift’s 11th album is released today....
...Harrods, which has stocked the brand since 2019, extended a L’Atelier Nawbar summer pop-up in the British luxury department store by a month due to its popularity....
...The 17-year-old managed to bargain his way into selling the shoes they made in the capital’s department stores....
...Home improvement store Home Depot also reports earnings as well as energy groups Diamondback Energy and Chesapeake Energy and homebuilder Toll Brothers....
...Norway’s prime minister Jonas Gahr Støre meets his Swedish counterpart Ulf Kristersson in Oslo, with a media briefing....
...KaDeWe, Germany’s most famous department store, filed for insolvency....
...The Thai Central Group, which co-owns some of the most valuable properties in the Signa stable, such as the British department store Selfridges, may emerge as a possible buyer....
...FT architecture critic Edwin Heathcote says a government proposal to make it easier to convert shops and department stores to residential use is a terrible idea....
...An enchanting feature of the Loire Atlantique department is the sight of the stilted carrelet fishing huts that protrude from the shoreline....
...The Biden administration also asked for $9.15bn for the state department for humanitarian aid to Ukraine, Gaza and Israel, and $13.7bn for US border security....
...China is directing investment into countries such as Malaysia and Indonesia while western businesses are looking to move more capacity to Europe....
...“As a German Jew, I love the idea that [the building] was originally built as a department store by a Jewish family....
...This is like the moment in a spaghetti Western movie when the sheriff rides in after rival gangs have a shootout....
...Since then, Signa has knocked down the Kika/Leiner building and is constructing a luxury department store, which it plans to call Lamarr, after Austrian Hollywood actress Hedy Lamarr....
...“It’s cool to have money again,” said Sandra, a 43-year-old fitness enthusiast shopping at luxury department store Aïshti....
...However, enticing western investors in particular may mean tackling damaging claims by critics that the Kremlin may still have links to or leverage over Telegram....
...Karimova used safety deposit boxes at Lombard Odier to store diamonds and other gemstones worth millions of francs....
...Chief executive Jim Farley told the FT that there’s no guarantee western carmakers will win against Chinese electric vehicle rivals....
...Its Turkish barber shops (there are three on the high street alone) were all bling and bright lights, like department stores before Christmas....
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