Breuninger expands in Munich and Luxembourg

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Style shops KONEN and BRAM turn out to be a part of BreuningerStuttgart, Might 31, 2021 Breuninger, a Stuttgart-based trend and way of life firm, is taking on KONEN Bekleidungshaus GmbH & Co. KG, a long-established trend agency with shops in Munich and Luxembourg. A corresponding settlement, which has but to be checked by the Federal Cartel Workplace, was signed on the finish of final week. Breuninger’s transfer as soon as once more underscores its optimistic outlook for bricks-and-mortar retail and the corporate’s dedication to its long-term technique.The acquisition of KONEN Bekleidungshaus GmbH & Co. KG will increase Breuninger’s present presence of 11 shops to 13 shops by KONEN in Munich and moreover, BRAM in Luxembourg will mark its first worldwide bricks-and-mortar retailer.KONEN operates two shops for high-end clothes and accessories. Along with its fundamental department in Munich, which has a gross sales space of 12,500 m², family-run KONEN additionally owns BRAM in Luxembourg, with a gross sales space of 11,000 m². Each shops additionally provide prospects a complete vary of companies. KONEN has a complete workforce of just about 700 staff.As Holger Blecker, CEO of Breuninger, states: “Munich, as a world metropolis famend for each tradition and procuring, and Luxemburg, as a lovely vacation spot exterior Germany, have lengthy been on Breuninger’s radar. With its two shops at central areas in Munich and Luxembourg, KONEN is a mature family-owned enterprise that, for us, is a matter of the center and the proper addition to our portfolio of bricks-and-mortar shops. Collectively, we are going to systematically ramp up our nationwide and worldwide multichannel choices. That’s the reason we’re so happy to have the ability to welcome KONEN and BRAM to the Breuninger household quickly.”This enlargement is a part of Breuninger’s long-term development technique and its newest funding in enticing bricks-and-mortar retail. It additionally symbolizes the corporate’s dedication to vigorous metropolis facilities providing a top quality of life.Dr. Gabriele Castegnaro, managing companion of KONEN and a member of the corporate’s founding household, says: “It was a deliberate choice on our half to promote our firm to the perfect within the trade, and we’re very happy with this transfer. Like us, Breuninger is a agency believer in fundamental road retail. Along with that, we now have related firm cultures and embody comparable values in relation to prospects and staff. We’re grateful that what we now have achieved to this point in the course of the a few years of efficiently main our enterprise will now be continued and developed by Breuninger in the absolute best method.”Closing of the transaction is topic to the customary situations and contingent upon approval by the antitrust authorities. Each events have agreed to maintain the monetary particulars confidential.Media package for obtain:
https://www.picdrop.com/e.breuningergmbh./1FqnmLeDmVE. Breuninger GmbH & Co.
Breuninger, a trend and way of life firm, was based by Eduard Breuninger in 1881 and right this moment ranks amongst Europe’s main multichannel malls. For 140 years, Breuninger has set excessive requirements within the trend, magnificence and way of life sector with its unique vary of worldwide designer labels and chosen newcomer manufacturers. Launched in 2008, its on-line store www.breuninger.com is among the many most profitable within the premium section and likewise obtainable to prospects in Austria and Switzerland. Breuninger is synonymous not solely with a way of favor and a very good nostril for tendencies, but additionally with distinctive buyer focus. With its Particular Service, in-house made-to-measure service, Click on&Acquire and on-line reservations, in-store order service and shuttle service, Breuninger ensures prospects a novel procuring expertise, each on-line and in its shops. Multi-award-winning Breuninger has 11 branches throughout Germany and a workforce of over 5,500.KONEN Bekleidungshaus GmbH & Co. KG
KONEN Bekleidungshaus GmbH & Co. KG is at present working two malls, one in Munich and one in Luxemburg. With its roughly 700 staff, it gives ladies’s, males’s and youngsters’s clothes in addition to equipment on a complete gross sales space of 23.500 m².Wanting again on a historical past of 85 years, KONEN has established itself as probably the most well-known trend addresses in Munich. By means of a up to date shopfitting idea and ornate, detail-oriented in-store advertising and marketing ideas that are complemented by particular occasions and distinctive “indulging moments”, KONEN has at all times created an inspiring and one-of-a-kind procuring expertise. As one among few malls, KONEN succeeds in promoting its personal manufacturers along with well-known trend manufacturers. These KONEN manufacturers might be discovered within the areas of knitted and cashmere clothes, “Donna Lane”, “Johann KONEN” and, since 2018, footwear.E. Breuninger GmbH & Co.
Company Communications
Telephone 0711/211–2100
medien@breuninger.de
www.breuninger.com



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