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René Benko, who founded property group Sigma, has been arrested at his villa in Innsbruck, Austrian prosecutors said on Thursday. The company became Europe’s biggest casualty of the property meltdown, declaring bankruptcy as creditors tried to recover as much as they could. What is the allegation against Benko? “The prosecutor’s office in charge of economic … Read more
Budget 5 Days Working in Bank: Will bank employees get relief in the budget? Will the government announce that banks will remain open for five days in the budget? Bank employees have been demanding from the government for a long time to work for five days. This is a big question in the minds of … Read more
President Donald Trump is expected to visit hurricane- and fire-damaged areas of the US on Friday. The president will stop in North Carolina, which was hit by Hurricane Helene in September, and Los Angeles, where fires continue to burn and more than 100,000 people have been ordered to evacuate. From Los Angeles, Genia Dulot has … Read more
Regine Schöllkopf-Pinakidis has been the new CEO of Outletcity Metzingen since January 2025. She succeeds Wolfgang Bauer, who has held the position since 1995. She had previously been on the board as COO since 2022 and now forms the two-person board together with CFO Michael Henseling. Schöllkopf-Pinakidis started as Retail Manager at Outletcity Metzingen in … Read more
According to Austrian media reports, Signa founder René Benko was arrested on Thursday morning. The Austrian economic and corruption prosecutor’s office had the entrepreneur of the insolvent group arrested in his Innsbruck villa. The 47-year-old is accused, among other things, of having bypassed the insolvency estate and withdrawing money that would have to go to … Read more
For the first time since 2021, e-commerce gross sales of goods increased again. But above all via one channel. Sales of shoes also developed positively. The post E-commerce is growing again appeared first on schuhkurier. Source link
Sneakersnstuff, a Swedish streetwear chain with stores in London, Berlin and the United States, filed for bankruptcy this week. The company was founded in 1999 by co-founder Peter Jansson, who confirmed the insolvency in an Instagram post after Swedish magazine Ehandel reported on it. Locations have already been closed in the USA and Japan, followed … Read more
Puma Announces Preliminary Fourth Quarter and Full Year 2024 Results. In the past year, currency-adjusted sales grew by 4.4% to 8.9 billion euros (+2.5% in the reporting currency, the euro) and were therefore in line with the outlook. At 622 million, EBIT was exactly at the level of the previous year, and the EBIT margin … Read more
Thousands of Southern California residents have been told to leave their homes as a new wildfire has erupted north of Los Angeles, spreading across about 41 square kilometers (16 square miles) in a matter of hours. The blaze, called the Hughes Fire, is burning near the popular recreation area around Castaic Lake, about 64 kilometers … Read more
German and European trade policy must achieve more success in negotiations for trade agreements. This is what Lisandra Flach, trade expert at the Ifo Institute, says. The negotiations should not be jeopardized or blocked by sustainability demands. ““The global dynamics have changed fundamentally,” says Flach. “If Europe wants to continue to play a role as … Read more