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Premium Company Profile - Arcandor AG (Datamonitor)
- Market: Retail
- Published Date: 02/01/2008
- Report Title: Premium Company Profile - Arcandor AG
- Table of Contents: View Table of Contents
- Report Type: Company Profile
- Country: Global
- Number of Pages: 47
Introduction
Arcandor has acquired HSE24, a major TV broadcasting and home-shopping company in Germany. The acquisition of HSE24 has strengthened Arcandor's market position making it the second largest player in Germany's teleshopping market.
Scope
Highlights
Arcandor is a leading European retail and tourism group that operates through its chain of department stores and through its mail order business. The group operates through three business divisions: Karstadt Warenhaus (Karstadt), Primondo/mail order and Thomas Cook. In fiscal 2007, the group changed its name from KarstadtQuelle to Arcandor.
The group is a market leader in many of its businesses. The group operates the largest department store chain in Germany. Its subsidiary, Quelle, dominates the German market and has a presence in 19 European countries. Another subsidiary of the group, neckermann.de, is the third largest European mail order company, active in 15 European countries.
Arcandor pools its retail support activities under the
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