More uncertainty for Weltbild

Eight months after the takeover by privately-owned Droege International Group was hailed as a passage for a safe new future, German book chain Weltbild is back in the headlines, and for all the wrong reasons. While the employee council and the management installed by the new owner are fighting publicly about further redundancies, Weltbild’s financial performance is also under close scrutiny since trade credit insurer Euler Hermes terminated its contract in mid-March. Continue reading at 'The Bookseller'

[ The Bookseller | 2015-04-29 00:00:00 UTC ]
News tagged with: #wrong reasons #close scrutiny

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