South African retailer Mr Price to acquire German fashion chain NKD

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Video Summary

The planned deal would see Mr Price acquire German value fashion retailer NKD for up to $568 million. While the South African retailer says Europe offers long-term growth through NKD’s more than 2,000 stores, investors have raised concerns about the timing, valuation and risks of expanding into a weak German economy.. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY. Facebook: https://www.facebook.com/cgtnafrica/.

Video Details

Source: Global Business

Publication Date: 2025-12-19T12:37:24Z

Original Link: Watch the video on YouTube

Full Description

The planned deal would see Mr Price acquire German value fashion retailer NKD for up to $568 million. While the South African retailer says Europe offers long-term growth through NKD’s more than 2,000 stores, investors have raised concerns about the timing, valuation and risks of expanding into a weak German economy.

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Doing business in Africa or the Middle East today with Rahizi!

Do you have an entrepreneurial project for Africa or the Middle East and need to create your company online from home? Fill in this form!

if you have no idea, leave blank.

Check this box if you have already established your company in one of the countries on the list

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