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Thomas Cook announces new subsidiary for France.

Europe Intelligence Wire

| October 22, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From La Tribune)

Whilst much of the travel agent sector concentrates on rationalising its brands in order to simplify matters for the client and keep costs low, Germany's Thomas Cook yesterday announced that it is to launch a new company - Neckermann - in France. Unlike Thomas Cook packages, which are only available in the 435 Thomas Cook outlets, Neckermann holidays will be sold in other agencies. They will also be considerably ...

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