Inno department stores in Belgium up for sale

Shopping icon Inno is soon going to be on the market, the German daily newspaper Frankfurter Allgemeine Zeitung has reported.Inno confirmed the news in an official statement, although pointing out that concrete negotiations on Inno’s sale by its German parent company, the ailing Galeria Karstadt Kaufhof, have not yet started.“This means that, for the moment, everything remains unchanged for the employees, partners and customers of the 16 department stores and inno.be,” Inno’s Belgian management said in a press release.“Inno is in good health and ready to continue its path independently,” Inno chief executive Armin Devender maintained, confid…