Berlin – Bankruptcy in the luxury department store? The KaDeWe chain, which belongs to the Signa Group, is apparently on the verge of bankruptcy.
This is what the business magazine reports “ Capital“, citing corporate circles. The bankruptcy application is expected to be filed at the beginning of next week.
According to BILD information, employees in the company are already talking openly about the KaDeWe Group’s impending bankruptcy filing. Many are worried about their job and how long they will have it Salary receive.
A possible sign that bankruptcy is imminent: KaDeWe had first announced a special opening for this Sunday (shopping Sunday, approved because of Green Week), but canceled it again at very short notice.
Possible reason: Sunday could be used for an inventory.
At the end of last year, the first companies of the Ösi billionaire and founder of Signa Holding, René Benko (46), in financial difficulties devices.
The wave of bankruptcies in the Signa Group of real estate investor and ÖSI billionaire René Benko (46) began last November.
The hope: Thai billionaire Tos Chirathivat could save KaDeWe.
Signa Prime Selection AG holds 49.9 percent of the KaDeWe Group. In addition to flagship addresses such as Oberpollinger (Munich) and Alsterhaus (Hamburg), this includes the traditional KaDeWe (opened in 1907). 50.1 percent have belonged to the Thai group Central Group since 2015.