×
2 366
Fashion Jobs
MICHAEL KORS
Sales Supervisor - Toronto Eaton Centre
CDI · Toronto
MICHAEL KORS
Full-Time Sales Supervisor, Halifax
CDI · Halifax
MICHAEL KORS
ft Sales Supervisor (Square One Mississauga)
CDI · Mississauga
MICHAEL KORS
Superviseur Des Ventes Dix30/Sales Supervisor ft- Dix30
CDI · Brossard
MICHAEL KORS
ft Sales Supervisor - mk Upper Canada (Newmarket)
CDI · Newmarket
MICHAEL KORS
Sales Supervisor
CDI · Edmonton
MICHAEL KORS
Sales Supervisor
CDI · Burlington
ESTEE LAUDER
Associate Consultant - Clinique - Saskatoon, sk
CDI · Saskatoon
ESTEE LAUDER
Associate Consultant - Clinique - Halifax, ns
CDI · Halifax Regional Municipality
ESTEE LAUDER
Quality Operations Manager
CDI · Toronto
ESTEE LAUDER
Associate Consultant - Clinique - Burlington, on
CDI · Ontario
MICHAEL KORS
Sales Supervisor
CDI · Ottawa
MICHAEL KORS
Commis au Contrôle Des Inventaires / Inventory Control Clerk
CDI · Montreal
TJX CANADA
Loss Prevention Store Investigator, Downtown Toronto
CDI · Toronto
MARC JACOB'S
Sales Supervisor
CDI · Toronto
MARC JACOB'S
Sales Supervisor
CDI · Toronto
AESOP
Part-Time Retail Consultant | Park Royal
CDI · West Vancouver
AESOP
Full-Time Retail Consultant | Yorkville
CDI · Yorkville
ESTEE LAUDER
Director, Field Sales - Elcp
CDI · Toronto
ESTEE LAUDER
Account Planning Coordinator - Estee Lauder - Hybrid - Toronto, Ontario
CDI · Toronto
ESTEE LAUDER
Associate Consultant - Clinique - Toronto, on
CDI · Toronto
AESOP
Part-Time Retail Consultant | Chinook
CDI · CALGARY
By
DPA
Translated by
Isabelle Crossley
Published
Apr 30, 2021
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

In Germany, Galeria Karstadt Kaufhof director fears the impact of continued lockdowns

By
DPA
Translated by
Isabelle Crossley
Published
Apr 30, 2021

Miguel Müllenbach, head of Galeria Karstadt Kaufhof group, has planned a major price reduction campaign in the fashion sector for when lockdown and related restrictions are eased.


dpa/Ulrich Baumgarten


“The business sector is under pressure at the moment, especially textile retailers,” Miguel Müllenbach told German publication Bild. Warehouses are overflowing, he said. “In the clothing sector, we are going to see unprecedented price reduction campaigns.”
 
The last major department store chain in Germany may require additional government aid in order to survive. “I cannot rule out this possibility,” said Müllenbach. “If lockdown continues, we will need additional funds.” 

Müllenbach also said that, without the help of the group’s owner Signa, “there would have been no more department stores since a long time ago and our 20,000 jobs would have disappeared.” At the start of the year, Galeria Karstadt Kaufhof received a loan totalling €460 million ($556 million) from the Economic Stabilisation Fund set up by the German government. 
 
Müllenbach did not specify how much aid the Galeria Karstadt Kaufhof chain may need. It all depends on the evolution of the situation over the following few weeks. When asked to confirm that his company spends around €100 million each month, Müllenbach did not confirm or deny the figure and said, “I don’t want to comment on this, but the general magnitude is correct.” 
 
 

Copyright © 2022 Dpa GmbH