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Olaf Koch
Olaf Koch (born 1970) is a German business executive. He is a member of the supervisory board of Daimler AG and founder of the venture capital firm Zintinus. From 2012 to 2020 he was CEO of Metro AG. Early life and education Olaf Koch was born on June 1, 1970 in Bad Soden am Taunus, close to Frankfurt. His father was in sales at former Hoechst AG and the family moved several times during Koch’s childhood. He therefore also grew up in Barcelona and Stuttgart. After his Abitur in Stuttgart, he studied business administration at the Baden-Wuerttemberg Cooperative State University Stuttgart. Initial career Koch began his career in 1994 as manager at Daimler-Benz AG’s department “Finance Process and Systems”. He founded his own IT company in January 1996 and published several books in the field of IT. In 1998, he returned to the Daimler Group (then DaimlerChrysler AG). In 1999, he took over as director of the e-commerce division. He subsequently held various positions wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Düsseldorf
Düsseldorf ( , , ; often in English sources; Low Franconian and Ripuarian: ''Düsseldörp'' ; archaic nl, Dusseldorp ) is the capital city of North Rhine-Westphalia, the most populous state of Germany. It is the second-largest city in the state and the seventh-largest city in Germany, with a population of 617,280. Düsseldorf is located at the confluence of two rivers: the Rhine and the Düssel, a small tributary. The ''-dorf'' suffix means "village" in German (English cognate: '' thorp''); its use is unusual for a settlement as large as Düsseldorf. Most of the city lies on the right bank of the Rhine. Düsseldorf lies in the centre of both the Rhine-Ruhr and the Rhineland Metropolitan Region. It neighbours the Cologne Bonn Region to the south and the Ruhr to the north. It is the largest city in the German Low Franconian dialect area (closely related to Dutch). Mercer's 2012 Quality of Living survey ranked Düsseldorf the sixth most livable city in the world. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frankfurter Allgemeine Zeitung
The ''Frankfurter Allgemeine Zeitung'' (; ''FAZ''; "''Frankfurt General Newspaper''") is a centre-right conservative-liberal and liberal-conservativeHans Magnus Enzensberger: Alter Wein in neuen Schläuchen' (in German). ''Deutschland Radio'', 16 October 2007 German newspaper founded in 1949. It is published daily in Frankfurt. Its Sunday edition is the ''Frankfurter Allgemeine Sonntagszeitung'' (; ''FAS''). The paper runs its own correspondent network. Its editorial policy is not determined by a single editor, but cooperatively by four editors. It is the German newspaper with the widest circulation abroad, with its editors claiming the newspaper is delivered to 148 countries. History The first edition of the ''F.A.Z.'' appeared on 1 November 1949; its founding editors were Hans Baumgarten, Erich Dombrowski, Karl Korn, Paul Sethe and Erich Welter. Welter acted as editor until 1980. Some editors had worked for the moderate ''Frankfurter Zeitung'', which had been banned in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saturn (store)
Saturn is a German chain of electronics stores in Germany. With Media Markt it constitutes Media-Saturn Holding, owned by the retail trade company Ceconomy, which was spin-off from Metro Group in 2017. As of December 2021, there are 137 Saturn stores in Germany and 2 in Luxembourg. The Saturn store in Hamburg is the largest electronics store in the world. On 1 July 2011 the 34 Saturn stores in France were sold to the HTM Group. Saturn stores in Austria, Belgium, Greece, Hungary, Luxembourg, the Netherlands, Poland, Russia, Spain, Switzerland and Turkey have been rebranded as Media Markt and in Italy as Media World. Saturn is known for its slightly coarse German-language advertising slogan "''Geiz ist geil!''" ("Stinginess is cool!") which was used from 2002 to 2011 and sparked a nationwide debate about consumer behavior and the situation of the German economy. The slogan quickly became common language and became synonymous with the German economic crisis. History The f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MediaMarkt
Media Markt is a German multinational chain of stores selling consumer electronics with over 1000 stores in Europe. With chain of stores Saturn it constitutes Media-Saturn Holding, owned by the retail company Ceconomy, which was demerged from Metro Group in 2017. History Media Markt was founded by entrepreneurs Leopold Stiefel, Walter Gunz, Erich Kellerhals, and Helga Kellerhals. The first store opened on 24 November 1979 in Munich. By 1985, nine other stores had opened near Munich. In 1988 Kaufhof Warenhaus AG acquired a 54 percent majority in the holding company of the media stores founded in 1979. In 1989 expansion began in neighboring countries. Media Markt took over the competing retail chain Saturn in 1990, in which Kaufhof was already involved. In 1996 Kaufhof Holding, Metro Cash & Carry, Deutsche SB-Kauf AG and the German department store Asko AG (where a Metro holding company had previously each held shares) merged and formed Metro AG. Since the merger into the MediaM ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ceconomy AG
Ceconomy AG is an international retail company headquartered in Düsseldorf, Germany. Its history goes back to the Metro AG, Metro Group. Ceconomy operates more than 1,000 consumer Consumer electronics, electronics stores in twelve countries. In addition to MediaMarkt and Saturn, the group owns Deutsche Technikberatung. 32.5% of its sales are generated online. History In March 2016, Metro announced a comprehensive reorganization of its Strategic business unit, business units. Wholesale and food retailing were to be continued separately from the consumer electronics centers. For Cash & Carry and Real, the company wanted to continue to use the "Metro" name. MediaMarkt and Saturn were henceforth to be managed under the umbrella of "Ceconomy". The reorganization was completed in July 2017. Ceconomy and Metro have since been independent sister companies. Both kept their listing on the stock exchange. Ceconomy started as a leading European electronics retailer. To build on this posi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real (hypermarket)
Mein Real (stylized mein real, real until 2022 and real,- until 2017) is a chain of hypermarkets in Germany, until 2020 owned by Metro AG. It was formed in 1992, from the merger of chains divi, Basar, Continent, Esbella and real-kauf. Until 2014 it was also active internationally, in Poland, Romania, Russia, Ukraine, and Turkey; most of these operations were bought by French retail company Auchan Group. In 2018, Metro decided to divest the Real chain and in 2021, the Real brand began to cease trading for hypermarkets as several markets were taken over by either Edeka, Kaufland, Globus, Rewe or V-Markt and got rebranded with the brand of the respective new owner. The process of selling is expected to be finished by mid of 2022 with the remaining of 60 stores under the brand name of real. Real's former website (real.de) was replaced by kaufland.de in 2021. The website for the store can be found at real-markt.de and meinreal.de. History In 2006, Metro acquired Walmart's 85 stores ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Galeria Kaufhof
Galeria Kaufhof GmbH was a German department store chain, headquartered in Cologne. It was a member of the International Association of Department Stores from 1930 to 2010, with various CEOs acting as presidents of the Association over time. Until 30 September 2015, the company was a subsidiary of Metro AG, when the company announced that it had been acquired by Hudson's Bay Company. In September 2018 they announced plans to merge with their largest competitor Karstadt. In June 2019 all the shares of Galeria Kaufhof were bought by the Austrian company Signa Holding, who been the partner in the former merger. On March 25, 2019 Karstadt & Galeria Kaufhof launched their merged company, Galeria Karstadt Kaufhof Galeria Karstadt Kaufhof GmbH, based in Essen, Germany, is the second largest department store group in Europe, with 131 locations and 18,000 employees. The company was formed in 2018 with the merger of two of Germany's most historic department sto ..., based in Essen, with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Die Welt
''Die Welt'' ("The World") is a German national daily newspaper, published as a broadsheet by Axel Springer SE. ''Die Welt'' is the flagship newspaper of the Axel Springer publishing group. Its leading competitors are the ''Frankfurter Allgemeine Zeitung'', the ''Süddeutsche Zeitung'' and the ''Frankfurter Rundschau''. The modern paper takes a self-described "liberal Cosmopolitanism, cosmopolitan" position in editing, but it is generally considered to be conservative."The World from Berlin" ''Der Spiegel'', 28 December 2009."Divided on unification" ''The Economist'', 4 October 2010. As of 2016, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Süddeutsche Zeitung
The ''Süddeutsche Zeitung'' (; ), published in Munich, Bavaria, is one of the largest daily newspapers in Germany. The tone of SZ is mainly described as centre-left, liberal, social-liberal, progressive-liberal, and social-democrat. History On 6 October 1945, five months after the end of World War II in Germany, the ''SZ'' was the first newspaper to receive a license from the US military administration of Bavaria. Thfirst issuewas published the same evening, allegedly printed from the same (repurposed) presses that had printed ''Mein Kampf''. The first article begins with: Declines in ad sales in the early 2000s was so severe that the paper was on the brink of bankruptcy in October 2002. The Süddeutsche survived through a 150 million euro investment by a new shareholder, a regional newspaper chain called Südwestdeutsche Medien. Over a period of three years, the newspaper underwent a reduction in its staff, from 425 to 307, the closing of a regional edition in Düsseld ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hugo Boss
Hugo Boss AG, often styled as BOSS, is a luxury fashion house headquartered in Metzingen, Baden-Württemberg, Germany. The company sells clothing, accessories, footwear, and fragrances. Hugo Boss is one of the largest German clothing companies, with global sales of in 2019. Its stock is a component of the MDAX. The company was founded in 1924 by Hugo Boss and originally produced general-purpose clothing. With the onset of the Great Depression and the rise of Nazism in the early 1930s, Boss began to produce uniforms for the Nazi Party. Boss would eventually supply the wartime German government with military uniforms, resulting in a large boost in sales. After World War II and the founder's death in 1948, Hugo Boss started to turn its focus from uniforms to men's suits. The company went public in 1988 and introduced a fragrance line that same year, adding men's and women's wear diffusion lines in 1997, a full women's collection in 2000, and children's clothing in 2006– ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Handelsblatt
The ''Handelsblatt'' (literally "commerce paper" in English) is a German language, German-language business newspaper published in Düsseldorf by Handelsblatt Media Group, formerly known as Verlagsgruppe Handelsblatt. History and profile ''Handelsblatt'' was established in 1946 by journalist Herbert Gross (journalist), Herbert Gross, but after some months Friedrich Vogel (journalist), Friedrich Vogel (1902–1976) became publisher. In 1969, Georg von Holtzbrinck became partner of Friedrich Vogel. Since 2021, its editor-in-chief is Sebastian Matthes. Its publisher, Handelsblatt Media Group, also publishes the weekly business magazine ''Wirtschaftswoche'' of which the editor-in-chief is Beat Balzli. ''Handelsblatts headquarters are in Düsseldorf. Since September 2005 ''Handelsblatt'' has been offering an online lexicon called ''WirtschaftsWiki'' which features definitions of terms used in economics and politics. The database can be modified by any registered user. In September 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Permira
Permira is a global investment firm. Founded in 1985, the firm advises funds with assets under management of €60+ billion. The Permira funds have made approximately 300 private equity investments in four key sectors: Technology, Consumer, Services and Healthcare. Permira employs over 360 people in 16 offices across North America, Europe and Asia. History Permira was founded in 1985 by Nicholas Ferguson as a number of country-specific separate businesses operating under the Schroder Ventures brand. In 1996, the United Kingdom, French, German and Italian teams joined to create Schroder Ventures Europe and in 1997, this raised its first pan-European fund. In 2001, the firm was renamed Permira. In 2002, Permira expanded into the U.S. with the opening of its New York office. In 2005, Permira launched its first Asia Pacific-based office in Japan. It later opened its Hong Kong office in 2008. In 2006, Permira raised over €10 billion in commitments for its P4 fund, which was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
