Electronics retailer Ceconomy in trouble

Publication

12 November 2018 à 16h49

Updated on 10 May 2019 à 16h40

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1 minute

Publication: 12 November 2018 à 16h49, Updated on 10 May 2019 à 16h40

Reading time: 1 minute

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Publication

12 November 2018 à 16h49

Updated on 10 May 2019 à 16h40

Reading time

1 minute

Publication: 12 November 2018 à 16h49, Updated on 10 May 2019 à 16h40

Reading time: 1 minute

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Ceconomy AG Chief Executive Officer Pieter Haas left the firm following investor fury at back-to-back profit warnings from Europe’s biggest consumer-electronics retailer. Haas was C.E.O. from the company split from retailer Metro in 2017. Ceconomy holds 24% Fnac Darty’s shares and operates more than 1,000 Media Markt and Saturn stores in countries across Europe. The electronic retailer has seen its business stagnate as sales of consumer electronics have shifted online. C.F.O. Mark Frese and Boa

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