Loitz Foundation has an interest in Karstadt-Sports-stores | economy

The Department store chain Galeria, Karstadt, Kaufhof suffered by the Corona of crisis, massive losses. Now a private Foundation expressed an interest in Karsta

Loitz Foundation has an interest in Karstadt-Sports-stores | economy

The Department store chain Galeria, Karstadt, Kaufhof suffered by the Corona of crisis, massive losses. Now a private Foundation expressed an interest in Karstadt Sports.

Essen (dpa) - The private Loitz Foundation has expressed interest in taking over the branches of the Karstadt Department store subsidiary Karstadt Sports.

"We have thrown our hat in the Ring," said the German entrepreneur and the Foundation's Director, Daniel Loitz of the German press Agency. Previously, the broadcaster ntv/RTL reported. "The preservation of jobs is the ultimate goal," said Loitz. You have made for Galeria, Karstadt, Kaufhof competent administrator Frank Kebekus a takeover offer for the branches and the Headquarters in Essen, but still no feedback received.

The chain fit into the Portfolio of the Foundation, the beginning of particularly for women in top-level sport, Loitz. In addition, the Online let business will certainly expand.

The struggling Department store chain Galeria, Karstadt, Kaufhof has suffered through the Corona of crisis, massive losses and had to flee in a protective shield procedure. Finally, the closure of around a third of the Karstadt-Kaufhof branches in conversation- which they should be, and the extent to which Karstadt Sports will be affected, however, was still open.

Updated Date: 28 May 2020, 02:34

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