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Passenger opens German distribution centre responding to EU demand

British outdoor clothing label Passenger has announced the opening of a distribution centre in Germany as part of a wider expansion plan in Europe. The warehouse space, spanning up to 3,000 square metres, is located at a site outside Düsseldorf and was developed over eight months in partnership with logistics provider, GXO, which will also...

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The Breuninger case: the sale of Germany's last independent premium department store stalls

A year ago, rumours of Breuninger being up for sale surfaced. Since then, things have gone quiet. What could complicate a potential deal and which investors are even possible prospects? An analysis by Dirk Boventer, partner at the management consultancy Atreus. One year of sale intentions and no deal in sight Breuninger is considered one of the...

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