P&C opening challenges H&M

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Business

Peek & Cloppenburg (P&C) will narrow the gap to market leader Hennes & Mauritz (H&M) when it opens a new store in the heart of Vienna, a market analysis company has explained. RegioPlan said today (Tues) P&C’s share in the domestic fashion sector will improve thanks to the German company’s new 11,800-square-metre store in the […]

Loss-making JoWooD seeks investor

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Business

Struggling computer games producer JoWooD Entertainment AG (JoWooD) has started looking for an investor.The Viennese company, which has been quoted on the Vienna Stock Exchange (WBAG) since 2000, said today (Thurs) its operative losses soared by 1.655 million Euros to 14.304 million Euros year on year in the first nine months of 2010.The firm – […]

Peek & Cloppenburg to continue expanding in Austria

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Business

Family-owned German clothing chain Peek & Cloppenburg (P&C) said today (Weds) it would continue expanding in Austria.The firm recently opened a 5,000 square metre store at the Tyrol shopping centre in Innsbruck and today opened a 6,700 square metre store at Shopping City Süd (SCS) in Vienna-Vösendorf. P&C is planning to open one at Vienna’s […]