Globus (department store)

Last updated

Globus
Company type Public
Industry Retail
Founded1907
Headquarters,
Key people
Thomas Herbert
Products upscale goods, including clothing, cosmetics, jewelry and household supplies
Owner Central Group
Number of employees
3,400 (2016)
Parent Central Group
Website https://www.globus.ch

Globus is a Swiss department store company, with nine department stores in Switzerland. It is currently owned by a Thai company, Central Group. The Globus group includes the Herren Globus chain of menswear stores and the Office World chain of office supplies stores, was previously owned by Switzerland's largest retailer, Migros.

Contents

Its main branches are located in the three principal cities of Switzerland, i.e. Zürich, Geneva and Basel.

It had been a member of the International Association of Department Stores from 1931 to 2020, with various CEOs acting as presidents of the Association over time. [2] [3]

History

Globus was founded in 1907 in Zürich, and now has stores in all major Swiss cities. The chain sells mostly upscale goods, including clothing, cosmetics, jewelry and household supplies. The stores are noted for their extensive delicatessen section, called Globus Delicatessa, and their former mascot, Globi, the comic books about whom have been a fixture in the childhood of many Swiss. [4]

In 2020, Migros sold its ownership in Globus to KaDeWe Group, which is co-owned by Austrian conglomerate Signa Holding and Thailand's Central Group. [5]

in September 2024, Central Group acquired full ownership of Globus department stores in Switzerland. This acquisition followed financial difficulties and the bankruptcy of Austria's real estate tycoon René Benko's Signa Group in late 2023, making Central Group the sole owner of all 9 Globus branches in Switzerland. [6]

Department stores

Switzerland adm location map.svg
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Zürich–Schweizergasse
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Geneva
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Wallisellen
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Bern
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Lausanne
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Lucerne
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St. Gallen
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Zürich-Bellevue
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Basel

There are Globus department stores in:

Share of the Magazine zum Globus company, issued 21 August 1908 Magazine zum Globus 1908.jpg
Share of the Magazine zum Globus company, issued 21 August 1908

See also

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References

  1. Zentrale
  2. "IADS Presidents". www.iads.org. Retrieved 22 April 2021.
  3. "News releases - www.stockmanngroup.com". www.stockmanngroup.com. Retrieved 20 June 2021.
  4. "Globi the parrot, the Swiss "Mickey Mouse", turns 75". swissinfo.ch. 23 July 2007. Archived from the original on 7 April 2014. Retrieved 8 April 2014.
  5. "Central, Signa ink deal for Globus chain". bangkokpost.com. Retrieved 16 March 2020.
  6. "Thailand's Central Group takes over Swiss department stores Globus". Reuters. 30 September 2024. Retrieved 6 January 2025.