Arcandor will be moving one of its flagship stores - Berlin's prestigous KaDeWe - from its core business
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Janine RabeApril 20, 2009
German department store and tourism concern Arcandor says it needs 900 Million Euros for its restructuring. Company chief Karl-Gerhard Eick has said the company plans on moving its retail chain, Quelle, into a separate division - Atrys - which could then be sold off. Arcandor will also be moving one of its flagship stores - Berlin's prestigous KaDeWe - from its core business.