Magasin is a Danish chain of department stores. It has seven department stores with its flagship store located on Kongens Nytorv in Copenhagen. The company is a subsidiary of the German department store retailer Peek & Cloppenburg Düsseldorf, Magasin du Nord has been a founder and remained a member of the International Association of Department Stores since 1928.[1]
History
The company traces its roots back to 1868 when Theodor Wessel and Emil Vett opened a draper's shop in Aarhus under the name Emil Vett & Co. It was an immediate success and in 1871 moved to Immervad where the Aarhus store is still located.
In 1870 the company opened a shop in Copenhagen in rented space in the fashionable Hotel du Nord on Kongens Nytorv where Hans Christian Andersen had boarded from 1838 until 1847. The shop occupied an ever larger part of the hotel and the company adopted the name Magasin du Nord after it in 1879. In 1876 the two owners also founded a textile manufactury in Nørrebro, Vett, Wessel & Fiala, which later moved to Østerbro where it also produced textiles for furniture. The factory has now been demolished.
By 1889, Magasin du Nord had taken over the entire hotel. It was demolished in 1893 together with a neighbouring building and the current department store building was completed the following year in a French