NKD is a German clothing discount store chain headquartered in Bindlach, Germany. With about 2,100 stores in Germany, Austria, Italy, Slovenia, Croatia, Czech Republic, and Poland, an online shop and over 10,000 employees, NKD is one of the largest fashion retail companies in Germany.[1]
History
In 1962 founder Burkard Hellbach opened the first retail store named NK Discount in Essen-Rüttenscheid, Germany. By 1985 the 250th store was opened and by 1989 the 500th store was opened. NKD first internationalized in 1995 via a takeover of around 100 stores owned by Hertz TPS (Tief Preis Shop) headquartered in Wels, Austria.[2][3] In 2006 NKD entered Italy.[4] In 2008 NKD entered Slovenia.[5] In 2010 NKD entered