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in Essen-Rüttenscheid, Germany. By 1985 the 250th store was opened and by 1989 the 500th store was opened. NKD first internationalized in 1995 via a takeover of around 100 stores owned by Hertz TPS (Tief Preis Shop) headquartered in
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In
November 2013 embezzlement charges involving Euro 3.7 million were brought against former managing director Michael Krause, at that time already in pre-trial custody, and one of his employees by the prosecution
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with the insolvency proceedings starting shortly after. Around 18 months later, NKD successfully restructured and refinanced ending the insolvency proceedings.
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Founder
Burkard Hellbach, who died in 2006, left NKD in 2001 and the company was integrated into the Daun Group. In 2013 finance investor
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210:, Austria. In 2006 NKD entered Italy. In 2008 NKD entered Slovenia. In 2010 NKD entered
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from London, UK bought NKD from the Daun Group and six years later private equity firm
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In March 2001 the NKD holding company filed for insolvency at the district court of
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In 1962 founder
Burkard Hellbach opened the first retail store named
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Frankfurter
Allgemeine Zeitung, 2001-03-21, page 21.
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662:"Daun-Gruppe trennt sich von Textildiscounter NKD"
491:Bekleidungsunternehmen NKD stellt Insolvenzantrag,
688:"NKD acquired by private equity firm TDR Capital"
217:Since 2007 NKD also sells its products online.
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612:"NKD-Gründer Burkard Hellbach ist gestorben"
505:"Textilfilialist NKD schließt 127 Geschäfte"
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363:"Is the Italian Market on the Rise Again?"
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586:"Sechs Jahre Haft für Ex-Manager von NKD"
337:"Mode-Diskonter NKD rollt Österreich auf"
132:, Christian Welles (Chief Sales Officer)
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387:"NKD entgeht nur knapp der Insolvenz"
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16:German clothing discount store chain
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465:Heike Hüschemenger (2009-09-10).
711:Matthias Erlinger (2020-01-07).
686:Rüdiger Oberschür (2019-03-20).
584:Matthias Erlinger (2015-04-29).
361:Isabell Guidastri (2017-11-23).
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214:. In 2022 NKD entered Poland.
141:Clothing and Non-Food products
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761:Clothing retailers of Germany
531:"NKD will wieder expandieren"
414:Sybille Roemer (2010-10-19).
610:Renate Platen (2006-10-09).
529:Renate Platen (2002-02-22).
258:acquired NKD from OpCapita.
713:"NKD: Aiming for expansion"
637:"Mode zu einem guten Preis"
562:(in German). Archived from
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766:Clothing brands of Germany
416:"NKD nun auch in Kroatien"
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668:(in German). 2013-06-28
556:"Ex-NKD-Chef in U-Haft"
447:(in German). 2022-09-01
396:(in German). 2013-07-11
343:(in German). 2009-05-16
318:(in German). 2022-09-01
189:chain headquartered in
221:Insolvency proceedings
185:is a German clothing
467:"Woolworth wird NKD"
233:Embezzlement scandal
560:Bayrischer Rundfunk
471:Kölnische Rundschau
175:https://www.nkd.com
162:Number of employees
124:Alexander Schmökel
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503:dpa (2001-06-09).
166:est. 10,000 (2024)
394:Immobilienzeitung
367:brand-experts.com
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741:Official website
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291:Fashion Network
287:"NKD in Zahlen"
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733:External links
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70:Headquarters
34:Company type
746:(in German)
643:(in German)
618:(in German)
592:(in German)
537:(in German)
511:(in German)
473:(in German)
422:(in German)
256:TDR Capital
203:NK Discount
84:Area served
755:Categories
722:2022-11-05
697:2022-11-04
672:2022-11-06
647:2022-11-06
622:2022-11-06
596:2022-11-05
570:2022-11-05
541:2022-11-05
515:2022-11-05
477:2022-11-05
451:2022-11-05
441:"Historie"
426:2022-11-04
420:e-tailment
400:2022-11-05
372:2022-11-05
347:2022-11-04
322:2022-11-04
312:"Historie"
297:2022-11-05
274:References
120:Key people
246:Ownership
77:, Germany
509:Die Welt
262:See also
252:OpCapita
227:Bayreuth
191:Bindlach
137:Products
97:Slovenia
75:Bindlach
44:Industry
212:Croatia
197:History
171:Website
155:million
147:Revenue
101:Croatia
93:Austria
89:Germany
62:Founder
54:Founded
109:Poland
48:Retail
390:(PDF)
105:Italy
208:Wels
57:1962
38:GmbH
445:NKD
316:NKD
268:KiK
183:NKD
130:CFO
126:CEO
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.