KaDeWe Group
KaDeWe Group GmbH is a group of three department stores in Germany with around 4,000 employees.{{cite web |title=The KaDeWe Group (Alsterhaus, KaDeWe, Oberpollinger) |url=https://www.igds.org/igds-members/the-kadewe-group-alsterhaus-kadewe-oberpollinger/ |website=IGDS |language=en}} It is owned by the Thai Central Group.
Stores
= Operating =
= Future =
- Carsch Haus in Düsseldorf (opening in 2025){{Cite web |last=Van |first=Tong |date=2024-06-25 |title=Central Group snaps up KaDeWe’s remaining assets. What’s next? |url=https://insideretail.asia/2024/06/25/central-group-snaps-up-kadewes-remaining-assets-whats-next/ |access-date=2025-03-08 |website=Inside Retail Asia |language=en-US}}
- Lamarr in Vienna, Austria (opening in 2025)
History
The group was founded in 2014 by Signa Holding (at the time owner of German department store Galeria Kaufhof) and was also owned by Beny Steinmetz for a short period. In 2015 Central Group (who own a plethora of department stores in Asia and Europe) acquired a stake in the company.{{cite news |title=KaDeWe Has Been Handed to a New Owner |url=https://www.berlinglobal.org/index.php?kadewe-has-been-handed-to-a-new-owner |access-date=11 January 2024 |work=www.berlinglobal.org |language=en}}
The construction of a new department store titled Lamarr (after actress Hedy Lamarr) was announced in 2022 to be built in Vienna.{{Cite web |last=Dong |first=Irene |date=2022-11-09 |title=Central Group unveils Lamarr luxury department store planned for Vienna |url=https://insideretail.asia/2022/11/09/central-group-unveils-lamarr-luxury-department-store-planned-for-vienna/ |access-date=2024-08-08 |website=Inside Retail Asia |language=en-US}}
In 2023, Signa Holding filed for bankruptcy and in mid-2024 Central Group purchased 100% of the company.{{Cite web |date=29 December 2023 |title=Signa Development files for insolvency with $1.3 bln in debts -KSV |url=https://www.reuters.com/markets/deals/signa-development-files-insolvency-with-13-bln-debts-ksv-2023-12-29/ |access-date=8 August 2024 |website=Reuters}}{{Cite web |last=Conti |first=Samantha |date=2024-08-01 |title=Central Group Takes Full Control of KaDeWe Stores in Germany, Names Timo Weber CEO |url=https://wwd.com/business-news/retail/central-group-full-control-kadewe-germany-timo-weber-ceo-1236512795/ |access-date=2024-08-08 |website=WWD |language=en-US}}