Overview
- Since July 2024’s insolvency exit, Galeria reports all 83 outlets are profitable with no further closures planned
- In spring 2025, co-leaders Tilo Hellenbock and Christian Sailer succeeded Olivier Van den Bossche and are overseeing a headquarters move to Düsseldorf
- Twenty stores have been modernised since summer 2024 with four more slated this year and shop-in-shop partnerships brought in with Decathlon, Lidl, Snocks and Copenhagen Studios
- Co-owner Bernd Beetz has set a mid-term revenue vision of €2.5 billion to be reached within two to five years
- Industry experts warn that weak consumer spending and an estimated decade-long €20 million per-store investment backlog will continue to challenge the chain’s recovery