INNO, formerly branded Galeria Inno, is a Belgian department store chain that operates 16 stores.[3] It is a subsidiary of German Galeria Karstadt Kaufhof.[2]
 | |
| Industry | Retail |
|---|---|
| Genre | Department store |
Number of locations | 16[1] |
Area served | Belgium[1] |
| Owner | Galeria Karstadt Kaufhof[2] |
| Website | inno.be |
History
edit
It was founded in 1897 in Brussels as A l'Innovation. INNO was a founder and has remained member of the International Association of Department Stores from 1928 to 2001. Emile Bernheim has been four times the president of the association in 1931, 1935, 1950, 1960.[4]
Since 2001, the chain has been owned by the Galeria Kaufhof group, which was subsequently acquired by Hudson's Bay Company in 2015[5] and sold again in 2019.
As of February 2023, INNO's current owner, Galeria Karstadt Kaufhof, supposedly plans to spin off and sell the Belgian INNO branch as part of its own insolvency proceedings.[2] In July 2024 it was announced that Axcent (Scandinavian retail group) and Skel (Icelandic investment group) planned to purchase the company.[6]
Locations
editINNO operates overall 16 department stores throughout Belgium, of which four are located in Brussels: Uccle, Bruxelles (Louise), Bruxelles (Rue Neuve), Woluwe.[1]
References
edit- ^ a b c inno.be - Stores retrieved 12 March 2023
- ^ a b c handelsblatt.com (German) 3 February 2023
- ^ "Entreprise achetez en ligne" [Company buy online]. Galeria Inno (in French). Archived from the original on 2017-06-06. Retrieved 2024-06-20.
- ^ iads.org - Presidents
- ^ "HBC-Logo ziert jetzt das Kölner HBC Europe Service-Center". Galeria Kaufhof (in German). 2017-07-13. Archived from the original on 2017-07-31. Retrieved 2017-07-31.
- ^ Times, The Brussels. "Inno department store to be acquired by Nordic groups". www.brusselstimes.com. Retrieved 2024-08-08.
External links
edit- Official website
(in Dutch and French)
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