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Arcandor AG today filed with the Essen District Court to open insolvency proceedings.
The aim of these proceedings is to continue the restructuring of the Company and its
subsidiaries that is already underway with an insolvency plan and to ensure their existence.
Along with Arcandor AG, Karstadt Warenhaus GmbH, Primondo GmbH and Quelle GmbH
have also applied for protection of creditors.

Thomas Cook Group plc, the specialty mail order companies of the Primondo Group and
the homeshopping channel HSE24 remain unaffected by the insolvency proceedings.

go to press release at arcandor.com more information at www.arcandor.com

Product range

The Quelle Brand Privileg strengthened its leading position.
According to GfK Living Electro Panel, Privileg was the number 1
in the German technical market with six commodity groups in 2008.
In 2007, Privileg was ranked top with four commodity groups.

go to press release

29.04.2009

Quelle to open online shop in Turkey

Fürth/Istanbul. Quelle has integrated Turkey into its international sales network as a further promising market for home shopping facilities. The 17th subsidiary of the Quelle Group, which is located in Istanbul, has chosen e-commerce as its main sales channel and European fashion as the main focus of its product range. »

20.04.2009

Consolidation programme for Arcandor decided

Arcandor resolves consolidation programme with the aim of improving cash flow on a sustained basis. Concentration on the profitable core areas of Primondo and Karstadt. Thomas Cook remains core business and continues growth course. »

03.04.2009

Privileg - market leader in six technical commodity groups

Fürth. The Quelle Brand Privileg strengthened its leading position. According to GfK Living Electro Panel, Privileg was the number 1 in the German technical market with six commodity groups in 2008. In 2007, Privileg was ranked top with four commodity groups. »

The Romanian Catalin Botezatu was a student of Versace and is among the most successful designers in Romania today. Quelle Romania hired him and developed a collection in close cooperation with him, which was presented on the occasion of a fashion show in Bucharest. The collection will also be included in the product ranges of Quelle Czech Republic, Slovakia, Poland, Hungary, Croatia, Estonia, Latvia and Greece.

more about Quelle Romania

Internet shopping in 18 countries.

Active in 18 countries