Peek & Cloppenburg is a multi-model omnichannel style retailer. Its headquarters are in Germany, and it has a hundred and forty stores in 15 international locations.
Magasin du Nord has seven stores – two in Copenhagen, and other in Lyngby, Odense, Aarhus, Rødovre and Aalborg, as very well as an online business. It was obtained by Debenhams in 2009.
Debenhams appointed FRP Advisory as administrator on 9 April. It previously entered into a pre-pack administration in April 2019.
The phrases of the Magasin du Nord transaction are not getting disclosed.