Düsseldorf/Berlin: After bankruptcy: a thousand child-picture is part of the world-group

The brand should be preserved, and it should be considered an offer of a thousand child in all of the world-set up branches, shared the Droege Group on Friday.

Düsseldorf/Berlin: After bankruptcy: a thousand child-picture is part of the world-group

The brand should be preserved, and it should be considered an offer of a thousand child in all of the world-set up branches, shared the Droege Group on Friday. The Acquisition was subject to the approval of the antitrust authorities. The Berlin-based company thousands of child was established in 2010 and had made it as a Startup sensation. According to the Droege Group, the Online store has around a Million registered users. In the year 2019, a thousand a child, I made a turnover of around 50 million euros. In March, thousands of the child had filed still bankruptcy.

"a thousand a child is positioned under the roof of the world group as a brand and as an independent business," said the Droege Group. "Special focus is placed on in-house brands, which should be further developed." Further acquisitions in the "Megatrend "New Generations" were" planned, because the market for Baby and children's needs in Germany has grown steadily in recent years.

The world image group generated with brands such as world-picture, Jokers and bücher.de a turnover of around 450 million euros.

dpa
Updated Date: 06 June 2020, 12:28

You need to login to comment.

Please register or login.

RELATED NEWS