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KaDeWe Old Sign
The Kaufhaus des Westens (), abbreviated to KaDeWe, is a department store in Berlin, Germany. With over of retail space and more than 380,000 articles available, it is the second-largest department store in Europe after Harrods in London. It attracts 40,000 to 50,000 visitors every day. The store is located on Tauentzienstraße, a major shopping street, between Wittenbergplatz and Breitscheidplatz, near the heart of former West Berlin. It is technically in the extreme northwest of the south Berlin neighborhood of Schöneberg. Since 2015, KaDeWe has been owned by the Central Group, a Thailand-based international department store conglomerate. History Empire and Weimar Republic: the Jandorf Era The businessman Adolf Jandorf had opened six stores for basic needs with his company ''A. Jandorf & Co.'' in Berlin by 1905. Like the competitor stores ''Wertheim Leipziger Strasse'' (1894) and the ''Warenhaus Tietz'' (1900), also on Leipziger Strasse, Jandorf wanted to cater for the ...
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Luxury Goods
In economics, a luxury good (or upmarket good) is a good for which demand increases more than what is proportional as income rises, so that expenditures on the good become a greater proportion of overall spending. Luxury goods are in contrast to necessity goods, where demand increases proportionally less than income. ''Luxury goods'' is often used synonymously with ''superior goods''. Definition The word "luxury" originated from the Latin word ''luxuria'', which means exuberance, excess, or abundance. A luxury good can be identified by comparing the demand for the good at one point in time against the demand for the good at a different point in time, at a different income level. When personal income increases, demand for luxury goods increases even more than income does. Conversely, when personal income decreases, demand for luxury goods drops even more than income does. For example, if income rises 1%, and the demand for a product rises 2%, then the product is a luxury good. ...
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KaDeWe Winter Garden In Berlin
The Kaufhaus des Westens (), abbreviated to KaDeWe, is a department store in Berlin, Germany. With over of retail space and more than 380,000 articles available, it is the second-largest department store in Europe after Harrods in London. It attracts 40,000 to 50,000 visitors every day. The store is located on Tauentzienstraße, a major shopping street, between Wittenbergplatz and Breitscheidplatz, near the heart of former West Berlin. It is technically in the extreme northwest of the south Berlin neighborhood of Schöneberg. Since 2015, KaDeWe has been owned by the Central Group, a Thailand-based international department store conglomerate. History Empire and Weimar Republic: the Jandorf Era The businessman Adolf Jandorf had opened six stores for basic needs with his company ''A. Jandorf & Co.'' in Berlin by 1905. Like the competitor stores ''Wertheim Leipziger Strasse'' (1894) and the ''Warenhaus Tietz'' (1900), also on Leipziger Strasse, Jandorf wanted to cater for the ...
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KaDeWe Deli
The Kaufhaus des Westens (), abbreviated to KaDeWe, is a department store in Berlin, Germany. With over of retail space and more than 380,000 articles available, it is the second-largest department store in Europe after Harrods in London. It attracts 40,000 to 50,000 visitors every day. The store is located on Tauentzienstraße, a major shopping street, between Wittenbergplatz and Breitscheidplatz, near the heart of former West Berlin. It is technically in the extreme northwest of the south Berlin neighborhood of Schöneberg. Since 2015, KaDeWe has been owned by the Central Group, a Thailand-based international department store conglomerate. History Empire and Weimar Republic: the Jandorf Era The businessman Adolf Jandorf had opened six stores for basic needs with his company ''A. Jandorf & Co.'' in Berlin by 1905. Like the competitor stores ''Wertheim Leipziger Strasse'' (1894) and the ''Warenhaus Tietz'' (1900), also on Leipziger Strasse, Jandorf wanted to cater for the ...
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Fur Clothing
Fur clothing is clothing made from the preserved skins of mammals. Fur is one of the oldest forms of clothing, and is thought to have been widely used by people for at least 120,000 years. The term 'fur' is often used to refer to a specific item of clothing such as a coat, wrap, or shawl made from the fur of animals. Humans wear fur garments to protect them from cold climates and wind chill, but documented evidence of fur as a marker of social status as far back as 2,000-years ago with ancient Egyptian emperors and high priests wearing the skins of leopards. Historically in European and Middle Eastern cultures fur garments often had the fur facing inwards with cloth on the exterior of the jacket, but in the 19th century a trend for wearing seal fur coats with the fur facing outwards became the trend. World wide both styles are popular, with fur linings offering more thermal benefits and exterior furs serving more of a fashionable purpose. History Fur is generally tho ...
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Signa Holding
Signa Holding GmbH (stylized as SIGNA) is Austria’s largest privately owned real estate company. Signa was founded in 2000 by the Tyrolean entrepreneur René Benko. Over the years, it has become a pan-European real estate group with more than 150 employees and offices in Vienna, Innsbruck, Munich, Düsseldorf, Luxembourg, Zurich, Bolzano, Berlin and Hamburg. The principal focus of the group is long-term investment in real estate in prime city centre locations. The firm has also became the biggest owner of malls in Mid Europe with over 46.000 employees. Structure In 2013, SIGNA extended its activities on merchandising by acquiring majority stakes in the German sporting goods specialist Karstadt sports and in Karstadt Premium. In summer of 2014, SIGNA took over Karstadt Warenhaus. Since 2013 SIGNA operates in two independent business segments. In 2018 a third segment with "SIGNA Media" was added. The group of companies covers real estate assets worth more than 14 bill ...
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KarstadtQuelle
Arcandor AG was a holding company located in Essen, Germany, that oversaw a number of companies operating in the businesses of mail order and internet shopping, department stores and tourism services. It was formed in 1999 by the merger of Karstadt Warenhaus AG, founded in 1920, with Quelle AG, founded in 1927. In 2005, the corporation had about 68,000 employees and annual sales of €15.5 billion. Its stocks were traded on the Mid Cap DAX until September 2009. The company's largest store was Kaufhaus des Westens (KaDeWe) in Berlin, and the largest store operated by Karstadt was in Frankfurt. Arcandor requested financial assistance from the German government, which was rejected by the European Commission on 3 June 2009. On 6 June 2009, the company announced it was no longer able to pay rent for its department stores, which the company had previously sold and leasebacked. Three days later, the company filed for bankruptcy. History On 14 May 1881, Rudolph Karstadt founded his f ...
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East Berlin
East Berlin was the ''de facto'' capital city of East Germany from 1949 to 1990. Formally, it was the Allied occupation zones in Germany, Soviet sector of Berlin, established in 1945. The American, British, and French sectors were known as West Berlin. From 13 August 1961 until 9 November 1989, East Berlin was separated from West Berlin by the Berlin Wall. The Western Allied powers did not recognize East Berlin as the GDR's capital, nor the GDR's authority to govern East Berlin. On 3 October 1990, the day Germany was officially German reunification, reunified, East and West Berlin formally reunited as the city of Berlin. Overview With the London Protocol (1944), London Protocol of 1944 signed on 12 September 1944, the United States, the United Kingdom, and the Soviet Union decided to divide Germany into three occupation zones and to establish a special area of Berlin, which was occupied by the three Allied Forces together. In May 1945, the Soviet Union installed a city gove ...
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Wirtschaftswunder
The ''Wirtschaftswunder'' (, "economic miracle"), also known as the Miracle on the Rhine, was the rapid reconstruction and development of the economies of West Germany and Austria after World War II (adopting an ordoliberalism-based social market economy). The expression referring to this phenomenon was first used by ''The Times'' in 1950. Beginning with the replacement of the Reichsmark with the Deutsche Mark in 1948 as legal tender (the Schilling was similarly re-established in Austria), a lasting era of low inflation and rapid industrial growth was overseen by the government led by West German Chancellor Konrad Adenauer and his Minister of Economics, Ludwig Erhard, who went down in history as the "father of the West German economic miracle." In Austria, efficient labor practices led to a similar period of economic growth. The era of economic growth raised West Germany and Austria from total wartime devastation to developed nations in modern Europe. At the founding of the E ...
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Aryanization
Aryanization (german: Arisierung) was the Nazi term for the seizure of property from Jews and its transfer to non-Jews, and the forced expulsion of Jews from economic life in Nazi Germany, Axis-aligned states, and their occupied territories. It entailed the transfer of Jewish property into " Aryan" or non-Jewish, hands. "Aryanization" is , according to Kreutzmüller and Zaltin in ''Dispossession:Plundering German Jewry, 1933-1953'', "a Nazi slogan that was used to camouflage theft and its political consequences." The process started in 1933 in Nazi Germany with transfers of Jewish property and ended with the Holocaust. Two phases have generally been identified: a first phase in which the theft from Jewish victims was concealed under a veneer of legality, and a second phase, in which property was more openly confiscated. In both cases, Aryanization corresponded to Nazi policy and was defined, supported, and enforced by Germany's legal and financial bureaucracy. Michael Bazyler ...
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Wholesaling
Wholesaling or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional or other professional business users; or to other wholesalers (wholesale businesses) and related subordinated services. In general, it is the sale of goods in bulk to anyone, either a person or an organization, other than the end consumer of that merchandise. Wholesaling is buying goods in bulk quantity, usually directly from the manufacture or source, at a discounted rate. The retailer then sells the goods to the end consumer at a higher price making a profit. According to the United Nations Statistics Division, ''wholesale'' is the resale of new and used goods to retailers, to industrial, commercial, institutional or professional users, or to other wholesalers, or involves acting as an agent or broker in buying merchandise for, or selling merchandise to, such persons or companies. Wholesalers frequently physically assemble, sort, and grade goods in large lot ...
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