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HOLLISTER CO. STORES
Hollister CO. - Brand Representative, Grapevine Mills
Permanent · Grapevine
HOLLISTER CO. STORES
Hollister CO. - Brand Representative, Grapevine Mills
Permanent · Grapevine
ABERCROMBIE AND FITCH CO.
Enterprise Architect, Order Management & Supply Chain Systems (Remote)
Permanent · Columbus
HOLLISTER CO. STORES
Copy of Hollister CO. - Brand Representative, Grapevine Mills
Permanent · Grapevine
HOLLISTER CO. STORES
Hollister CO. - Brand Representative, Grapevine Mills
Permanent · Grapevine
HOLLISTER CO. STORES
Hollister CO. - Brand Representative, Grapevine Mills
Permanent · Grapevine
TUMI
Associate Manager pt 20-29
Permanent · MILPITAS
TUMI
Associate Manager - Full Time
Permanent · COSTA MESA
TUMI
Associate Manager - Full Time
Permanent · CORTE MADERA
ESTÉE LAUDER
Keyholder - 40 Hrs - ll-Houston - Houston, tx
Permanent · Houston
ESTÉE LAUDER
Director of Value Chain Finance - qa & Engineering Function
Permanent · Melville
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time - Fashion Valley
Permanent · SAN DIEGO
ASCENA
Ptsl- Keyholder
Permanent · Bryant
ASCENA
Part Time Keyholder
Permanent · Monroeville
MARC JACOB'S
Sales Supervisor
Permanent · Millburn
BLOOMINGDALE'S
Outlet Keyholder Selling, Full Time - Christiana
Permanent · Newark
BLOOMINGDALE'S
Manager, Sales - Womens Shoes/Handbags
Permanent · Garden City
BLOOMINGDALE'S
Photo Project Planner
Permanent · Cheshire
ESPRIT
Merchandise Planner (M/F/D)
Permanent · New York
NEW BALANCE
Loss Prevention Officer Iii m-f 5am-1pm
Permanent · Lawrence
NEW BALANCE
Lead Loss Prevention Officer
Permanent · Boston
COACH
Director, Global Influencer And Creator Marketing
Permanent · New York
By
Reuters
Published
Jul 12, 2014
Reading time
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Owner of Germany's Karstadt in sale talks

By
Reuters
Published
Jul 12, 2014

FRANKFURT, Germany - Speculation over the future of German department store chain Karstadt flared again on Friday after a newspaper reported that billionaire Nicolas Berggruen could sell out to Austrian investor Rene Benko and Israeli businessman Beny Steinmetz. Daily paper Bild said that Berggruen was in talks with Vienna-based Signa, Benko's property vehicle, which could buy more than 70 percent of Karstadt for 1 euro ($1.36).

The report followed news this week that the chief executive of loss-making Karstadt stepped down after only five months in the job, hinting at a lack of support from the company's billionaire owner and raising questions over the chain's future.

A source familiar with the matter had told Reuters in November that Steinmetz, a diamond and mining entrepreneur, and Benko could take a stake in Karstadt through an option to buy 75.1 percent of its main business, comprising 83 department stores, for 1 euro.

The real estate arm of Steinmetz's BSG group and Signa last year formed a joint venture to invest in German retail property.

Karstadt, Berggruen, Benko and BSG were not immediately available for comment, while Signa declined to comment.

Berggruen rescued Karstadt from insolvency in 2010, but he has come under fire from German unions and media for not investing enough in the chain, allowing rival department store group Kaufhof to take market share.

Department stores around the world have faced difficulties in recent years in the face of competition from e-commerce players such as Amazon, prompting suggestions that Kaufhof could buy Karstadt or a third party investor could buy and merge both chains.

Kaufhof owner Metro's Chief Executive Olaf Koch on Thursday said he had no interest in combining the two chains. Berggruen sold 75.1 percent stakes in Karstadt's separate premium and sports divisions to Benko last year. ($1 = 0.7331 Euros).

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