Schlecker successor Dayli still in need of investment

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Business

It is thought talks are currently taking place between “dayli” owner Rudolf Haberleitner and a polish cosmetic manufacturer on possible investment to save the future of the Schlecker-successor. Rudolf Haberleitner said the time was ticking and that he would have to start administration proceedings if an investor did not show up this week. There will […]

Swarovski invest in India

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Business

Austrian crystal maker Swarovski has snapped up a share in the Indian jewellery firm Tara Jewels. According to information from inside the company the deal was signed in December by the Swarovski investment firm Crystalon Finanz AG based at Meilen in Switzerland. The jeweller based in Mumbai employs 1,740 staff and has 30 stores in […]

Schlecker to sell foreign business

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Business

Works council chiefs and unionists are closely observing developments at Schlecker as the German drugstore chain revealed plans to sell its international business. Schlecker officials announced yesterday (Mon) they wanted to put the firm’s foreign activities for sale to ensure meeting creditors’ demands. The Ehingen-based enterprise started controlled insolvency procedures last month. Schlecker, which runs […]

Lugner argues Sunday shopping campaign

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Business

Richard Lugner has revealed details about his Sunday shopping initiative. The businessman – who owns and manages Vienna’s Lugner City shopping centre – recently said he contacted Social Democratic (SPÖ) Mayor Michael Häupl to find out whether the city of Vienna might issue an extraordinary regulation enabling him to open on the seventh day of […]

Chinese spending spree delights retail trade

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Business

Chinese tourists have spent 41 per cent more in Austrian shops so far this year than in 2010, according to research. Travel and shopping information firm Global Blue Austria said yesterday (Weds) holidaymakers from China invested 28 million Euros in stores of the alpine country. Especially expensive watches and jewellery were in great demand, according […]

Baumax presents ambitious expansion plans

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Business

Tool store chain Baumax has revealed it plans to set up 30 new stores in Turkey.The company – which opened its third shop in the Eurasian country in the city of Izmir today (Weds) – explained it could imagine opening around 30 representations in the long run. Baumax, which is based in Klosterneuburg near Vienna, […]

German gang chief collared

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General News

Austrian police have arrested a man accused of masterminding a German crime syndicate.The 48-year-old was put in detention after travelling on a train from Munich to the Upper Austrian capital of Linz where he was put in detention.German police issued an international arrest warrant on the suspected head of a group of criminals specialised in […]

Toni & Guy to get busier in Austria

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Business

Toni & Guy has revealed plans to expand in Austria.The British hairdressing company – which has shops across the world – said today (Weds) it wanted to open more stores in the country. Toni & Guy’s Austrian representation is currently limited to one salon in Vienna’s Innere Stadt district.”The goal is to position ourselves in […]

Tobacconist struck down with stun gun

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General News

A clerk at a tobacconist’s suffered minor injuries when she was attacked by a robber with an electroshock gun.The criminal – who is being sought by police – asked the woman to unlock a glass showcase of lighters before striking her down with a stun gun. The 43-year-old bit the robber in the hand after […]

Elderly driver crashes into supermarket

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General News

A shop manager had a narrow escape as an elderly driver crashed though the store’s glass front this morning (Fri).The 76-year-old woman from Wels had tried to park her car outside the Billa shop in Bad Ischl in Upper Austria’s Gmunden district, but smashed through the front door. The pensioner is understood to have mixed […]