Globus (department store) - Misplaced Pages

Swiss retail company For other uses of the term, see Globus (disambiguation).

Globus

Company type	Public
Industry	Retail
Founded	1907
Headquarters	Spreitenbach, Switzerland
Key people	Thomas Herbert
Products	upscale goods, including clothing, cosmetics, jewelry and household supplies
Owner	Central Group (50%), Signa Holding (50%)
Number of employees	3,400 (2016)
Parent	Central Group (50%), Signa Holding (50%)
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, and an Austrian company, Signa Holding. 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.

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.

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.

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.