Beymen news and archive

The most iconic department stores around the world, ranked

Department stores have long been a staple in the shopping world. They are the markers of a downtown shopping area, the axis upon which one plans their day out on the town. And despite the rise in online shopping, and downfall of many department stores during the Covid-19 crisis, there are certain giants that continue to be seen as truly iconic...

Business

Market volatility puts Turkish apparel IPOs on freeze

Turkish retailers DeFacto and Beymen have been forced to cancel their respective initial public offerings of shares (IPOs) due to high volatility in emerging markets. In a statement to the Istanbul stock exchange issued on May 4, DeFacto’s board announced it “will evaluate the transaction in the future.” A previous document issued earlier this...