kika/leiner news and archive

Signa sells kika Eastern Europe to XXXLutz

Austrian real estate company Signa Holding GmbH announced on Friday that it has sold the Eastern European business of its furniture chain kika to Austrian online furniture retailer XXXLutz. The Eastern European business operated independently of the Austrian core business, which will profit from the proceeds of the sale. The sale includes both...

Business

SIGNA acquires kika/Leiner, plans first KaDeWe department store in Vienna

Austrian real estate company SIGNA Group announced in a press release that it has signed the contracts for the acquisition of kika/Leiner, Austria’s second largest furniture chain. In the news release, SIGNA detailed that the acquisition includes the operative retail business, with its approximately 6,500 employees, as well as the approximately...