businessman Archives

US businessman Richard Baker among bidders for bankrupt German department store chain Galeria Karstadt Kaufhof

April 8, 2024 mpsingh No Comments Business among, Baker, Bankrupt, bidders, businessman, chain, department, Galeria, German, Karstadt, Kaufhof, Richard, store

By Reuters Published Apr 7, 2024 The investment firm of US businessman Richard Baker is among the two remaining bidders for Germany’s most prominent department store chain Galeria Karstadt Kaufhof, business outlet WirtschaftsWoche reported on Friday. Reuters “We are not commenting on the bidding process,” said a spokesman for Galeria’s insolvency manager Stefan Denkhaus. NRDC was not [...]read moreUS businessman Richard Baker among bidders for bankrupt German department store chain Galeria Karstadt Kaufhof

Luxury hotels owned by French businessman Michel Ohayon exit receivership

March 20, 2024 mpsingh No Comments Beauty businessman, exit, French, hotels, Luxury, Michel, Ohayon, owned, receivership

By AFP Translated by Nicola Mira Published Mar 6, 2024 The Bordeaux trade court has approved the recovery plan for the three luxury hotels owned by French businessman Michel Ohayon, despite opposition from their main creditor, following a ruling which the AFP agency learnt about on Monday. Michel Ohayon in Tourcoing, France, September 28 2022 [...]read moreLuxury hotels owned by French businessman Michel Ohayon exit receivership

Burton of London brand name bought by French businessman Nessim Haddouk

February 29, 2024 mpsingh No Comments Business bought, brand, Burton, businessman, French, Haddouk, London, Nessim

Translated by Nicola Mira Published Feb 28, 2024 Men’s and women’s fashion retailer Burton of London was owned by French businessman Thierry le Guénic between 2020 and 2024, and was liquidated by order of the Paris trade court on February 13, leading to the loss of 200 jobs. The French chain’s assets are now being sold [...]read moreBurton of London brand name bought by French businessman Nessim Haddouk