German conglomerate best known for its confectionery brands, The Katjes Group, is expanding its portfolio into luxury apparel with the acquisition of a majority stake in Bogner. Katjes International announced a deal to purchase 60 per cent of the shares in the Bogner Group, with the remaining 40 per cent to be retained by the Bogner family.
A family-owned company, Bogner is recognized as Germany's largest luxury clothing brand, specializing in high-end sportswear and leisurewear. In FY24-25, the company reported net sales worth nearly €200 million and is currently profitable.
This strategic move diversifies the Katjes Group's holdings, which already include personal care brands such as ‘Bübchen’ and ‘Therame. Last year, the Group reported a turnover of €393 million, with earnings before interest, taxes, depreciation, and amortization (EBITDA) of €45 million. The company has an average of 1,100 employees.