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Magasin Du Nord
Magasin is a Danish chain of department stores. It has seven department stores with its flagship store located on Kongens Nytorv in Copenhagen. The company is a subsidiary of the German department store retailer Peek & Cloppenburg Düsseldorf, Magasin du Nord has been a founder and remained member of the International Association of department stores since 1928. History The company traces its roots back to 1868 when Theodor Wessel and Emil Vett opened a draper's shop in Aarhus under the name Emil Vett & Co. It was an immediate success and in 1871 moved to Immervad where the Aarhus store is still located. In 1870 the company opened a shop in Copenhagen in rented rooms in the mondain Hotel du Nord on Kongens Nytorv where Hans Christian Andersen had boarded from 1838 until 1847. The shop occupied an ever larger part of the hotel and the company adopted the name Magasin du Nord after it in 1879. In 1876 the two owners also founded a textile manufactury in Nørrebro, Vett, Wes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Copenhagen Stock Exchange
The Nasdaq Copenhagen, formerly known as the Copenhagen Stock Exchange ( da, Københavns Fondsbørs), is an international marketplace for Danish securities, including shares, bonds, treasury bills and notes, and financial futures and options. Nasdaq Copenhagen is one of the Nasdaq Nordic Exchanges. Nasdaq Nordic goes back to the 2003 merger of ''OM AB'' and ''HEX plc'' to form ''OMX'' and is, since February 2008, part of Nasdaq, Inc. (formerly known as ''NASDAQ OMX Group''). Background and structure The exchange was converted to a limited company in 1996 with share capital issued in a ratio of 60-20-20 to members, issuers of shares, and issuers of bonds. In 1997 the FUTOP Clearing Center A/S, the Danish derivatives market, became a wholly owned subsidiary. FUTOP issues, clears, and guarantees futures and options on shares, indices, and interest rate products. FUTOP products can be traded electronically. In 1998, the CSE and the Stockholmsbörsen formed the NOREX Alliance, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rødovre
Rødovre is a town in eastern Denmark, seat of the Rødovre Municipality, in the Region Hovedstaden. The town's population 1 January 2019 was 39,907, and in addition 145 persons had no fixed address, which made up a total of 40,052 in the municipality as a whole. Rødovre is part of the urban area of Copenhagen. History Until 1901, the town was part of the parish of Brønshøj-Rødovre. Vanløse was also part of that parish. In that year, Rødovre was created as independent municipality and Brønshøj was simultaneously annexed by the city of Copenhagen. Geography Rødovre, co-extensive with the territory of its municipality, is in the central-western suburbs of Copenhagen, bordering Copenhagen Municipality to the east, Glostrup to the west, Herlev to the north, and Brøndby and Hvidovre to the south. The town mostly comprises suburban homes in the south and light industrial areas in the north. It has several smaller green areas, including Schweizerdalsparken, and larger areas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ørestad
Ørestad () is a developing city area in Copenhagen, Denmark, on the island of Amager. The area was developed using the new town concept, closely linked with the M1 line of the Copenhagen Metro. Economically, income for the plan would be generated by selling the public-owned, unused land for development, thus financing the construction of the metro, and contrarily, metro access was deemed necessary for making development attractive. While the metro is the primary public transport access, the area is also served by the Øresund Line between Copenhagen and Malmö, the motorway E20 and close to Copenhagen Airport. Ørestad was originally planned to consist of four districts, however only three are developed: Ørestad Nord, the unbuilt Amager Fælled area (which will remain a nature reserve), Ørestad City and Ørestad Syd. Therefore, Ørestad in reality consists of two areas detached from each other. The northernmost Ørestad Nord area is coherent with inner Copenhagen. Many Copenh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Field's
Field's is a shopping centre in Ørestad, Copenhagen, close to the E20 motorway and Ørestad Station on the Copenhagen Metro. At 115,000 m2, it is the second-largest mall in Denmark after Waves, and one of the largest in Scandinavia. It is owned by Steen & Strøm Danmark A/S and was designed by C. F. Møller Architects, Evenden and Haskolls. History Field's opened on 9 March 2004, with more than 250,000 customers visiting the centre during its first week in business. Field's occupies more than 115,000 m2 under one roof and features a total of approx. 150 stores, with more than 70 specialising in clothing, fashion or footwear. 2022 shooting On 3 July 2022, three people were shot and killed in a mass shooting at Field's. A 22-year-old Danish man was later arrested by police. Shops and restaurants * KFC * Burger King * Hunkemöller * Bilka * H&M * Quiksilver * Skechers * The Body Shop The Body Shop International Limited, trading as The Body Shop, is a British c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arbejdsmarkedets Tillægspension
Arbejdsmarkedets Tillægspension (ATP) is a supplementary (income-related) pension in Denmark, and is Denmark's largest lifelong pension plan. Citizens of Denmark become eligible for ATP payments as soon as they turn 65 years old. Arbejdsmarkedets Tillægspension was amended into law on March 7, 1964. See also *Pension A pension (, from Latin ''pensiō'', "payment") is a fund into which a sum of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of periodic payments ... * Economy of Denmark References Economy of Denmark {{Econ-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debenhams
Debenhams plc was a British department store chain operating in the United Kingdom, Denmark and the Republic of Ireland. It was founded in 1778 as a single store in London and grew to 178 locations across those countries, also owning the Danish department store chain Magasin du Nord. In its final years, its headquarters were within the premises of its flagship store in Oxford Street, London. The range of goods sold included middle-to-high-end clothing, beauty, household items, and furniture. The company suffered financial difficulties in the 21st century and entered administration twice, in April 2019 and April 2020. In November 2020, Debenhams' main concession operator Arcadia also entered administration, leading to the collapse of talks with JD Sports and Frasers Group over a potential rescue. As a result, Debenhams announced it would be liquidated. The Debenhams brand and website were purchased by the online retailer Boohoo for £55m in January 2021. However, Boohoo did not ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alshair Fiyaz
Alshair Fiyaz is a Belgian entrepreneur and investor of Pakistani origin. He is the founder of the investment company ''ALFI investments'' and the owner of Polo Club de Saint-Tropez-Haras de Gassin. Biography Fiyaz born in 1972 in Belgium to a Pakistani businessman father. Alshair Fiyaz is the founder of ''ALFI Investments'', active in the shipping and financial services business. He is also a Polo player and became the owner of the F Polo Team in 2006. He became the owner of ''Polo Club de Saint-Tropez-Haras de Gassin'' in 2014. In 2009, Fiyaz, under the name Solstra Holding, bought Magasin du Nord, an upmarket Danish department store chain, in a joint venture with Straumur Investment Bank. He made a bid to acquire A-Tec's Montanwerke Brixlegg unit in 2011, though he pulled out later. In 2012, Alshair's Solstra Holding bid for the fashion chain Peacocks but it had been sold to the Edinburgh Woollen Mill Group. He purchased a major stake in Bella Center and Bella Sky Hotel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Straumur Investment Bank
ALMC hf., formerly Straumur Investment Bank hf. ( is, Straumur Fjárfestingabanki), is a regional investment bank headquartered in Reykjavík, Iceland. Founded in 1986 as ''Hlutabréfasjóðurinn'' and rebranded as Straumur in 2004, the bank initially survived the financial turmoil in late 2008 but was nationalised by The Financial Supervisory Authority of Iceland (FME) on 9 March 2009. Straumur was the last of Iceland's four biggest banks to remain independent, during the financial crisis. In the summer of 2010, the bank had been rebranded as ALMC and owned by its creditors. The majority of ALMC's owners are international investors and financial institutions and independent from any state involvement. Before the collapse of the Icelandic banking system in late 2008 the company was mainly owned by Björgólfur Guðmundsson and his son Björgólfur Thor Björgólfsson. The latter was also the chairman of the board until the bank was temporarily closed by regulators in March 2009. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Baugur Group
Baugur Group (; Icelandic: ) was an Icelandic investment company. The group began as a supermarket and general retail company in Iceland, before diversifying to own a number of businesses at its peak, primarily in the United Kingdom. Baugur was heavily affected by the Icelandic financial crisis that began in 2008, and applied for bankruptcy protection in February 2009. Its largest creditor Landsbanki applied to place Baugur's UK arm, BG Holdings, into administration that month. The group filed for bankruptcy in March 2009. History In 1989, the Baugur Group was started by the opening of a single 'Bónus' supermarket in Reykjavík by Jón Ásgeir Jóhannesson and his father, Jóhannes Jónsson. The company grew quickly and within three years was operating several supermarkets in Iceland. In 1992, Hagkaup, the leading domestic retailer, acquired 50% of shares in Bonus. In 1993, they merged and formed a joint purchasing company named Baugur. Hagkaup was established over 50 year ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sale And Lease Back
Leaseback, short for "sale-and-leaseback", is a financial transaction in which one sells an asset and leases it back for the long term; therefore, one continues to be able to use the asset but no longer owns it. The transaction is generally done for fixed assets, notably real estate, as well as for durable and capital goods such as airplanes and trains. The concept can also be applied by national governments to territorial assets; prior to the Falklands War, the government of the United Kingdom proposed a leaseback arrangement whereby the Falklands Islands would be transferred to Argentina, with a 99-year leaseback period, and a similar arrangement, also for 99 years, had been in place prior to the handover of Hong Kong to mainland China. Leaseback arrangements are usually employed because they confer financing, accounting or taxation benefits. Leaseback arrangements After purchasing an asset, the owner enters a long-term agreement by which the property is leased back to the seller ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aalborg
Aalborg (, , ) is Denmark's fourth largest town (behind Copenhagen, Aarhus, and Odense) with a population of 119,862 (1 July 2022) in the town proper and an urban population of 143,598 (1 July 2022). As of 1 July 2022, the Municipality of Aalborg had a population of 221,082, making it the third most populous in the country after the municipalities of Copenhagen and Aarhus. Eurostat and OECD have used a definition for the Metropolitan area of Aalborg (referred to as a ''Functional urban area''), which includes all municipalities in the Province (Danish: ''landsdel'') of North Jutland (Danish: ''Nordjylland''), with a total population of 594,323 as of 1 July 2022. By road Aalborg is southwest of Frederikshavn, and north of Aarhus. The distance to Copenhagen is if travelling by road and not using ferries. The earliest settlements date to around AD 700. Aalborg's position at the narrowest point on the Limfjord made it an important harbour during the Middle Ages, and l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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