All Magasin du Nord articles
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Article
German retailer Peek & Cloppenburg buys Magasin du Nord
Debenhams ’ Danish department store Magasin du Nord has been acquired by the German retailer Peek Cloppenburg . The Düsseldorf-based company bought the retail chain’s seven stores for an undisclosed amount, marking its debut in the Scandinavian market after its expansion into Eastern Europe. Established in ...
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Article
Debenhams collapses as JD Sports terminates rescue talks
The British department store chain Debenhams is winding down operations and closing all 124 shops with 12,000 potential job losses after JD Sports Fashion ended talks about a rescue deal. Administrators have been trying to sell the troubled 232-year-old group since April, but have admitted that the ...