Escada Sport MBFWB Spring 2013
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Escada Sport MBFWB Spring 2013
Escada SE is a luxury women's designer clothing company headquartered in Aschheim, Germany. The company is owned by Regent, L.P., an international private equity firm led by investor Michael Reinstein. The company was founded in 1978 by designer Margaretha Ley. It currently retails fashion accessories and ready-to-wear. As of 2017, Escada SE operates in 80 countries with 600 points of sale worldwide. The luxury fashion label employs around 1,500 employees with international locations in Milan, Paris, Tokyo, London, Beverly Hills, and New York City. History Escada was founded in by Margaretha and Wolfgang Ley in Munich, Germany. Being a former model and having a solid education in tailoring from the Royal Court in Stockholm, Margaretha Ley became known for her bold, feminine designs. The Escada womenswear collection, which featured exquisite inlays and appliqués, was first presented in 1978. The company soon stood out with its distinctive creations featuring unusual combinati ...
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Todd Oldham
Todd Oldham (born Jacky Todd Oldham; 1961) is an American-born designer and president of L-7 Designs Inc and Todd Oldham Studios. His approach to fashion and style has become known to millions through his fashion lines, interior designs, books and by appearing in television shows. Oldham is based in New York City. Biography Early life Oldham was born Jacky Todd Oldham in Corpus Christi, Texas to Jack and Linda Oldham and is one of four children. At age 15, he designed his first dress when he stitched together some pillowcases. His father was a computer programmer and the family moved around due to his father’s job. At one point, his family lived in Iran. He moved to Dallas, Texas, after graduating high school. His first job was in the alterations department at the Polo Ralph Lauren. He borrowed $50 from his parents, bought 41 yards of white cotton jersey, dyed it and put together a tiny collection that he sold to Neiman Marcus. Career During his early days in Dallas, Oldham ...
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Insolvency
In accounting, insolvency is the state of being unable to pay the debts, by a person or company ( debtor), at maturity; those in a state of insolvency are said to be ''insolvent''. There are two forms: cash-flow insolvency and balance-sheet insolvency. Cash-flow insolvency is when a person or company has enough assets to pay what is owed, but does not have the appropriate form of payment. For example, a person may own a large house and a valuable car, but not have enough liquid assets to pay a debt when it falls due. Cash-flow insolvency can usually be resolved by negotiation. For example, the bill collector may wait until the car is sold and the debtor agrees to pay a penalty. Balance-sheet insolvency is when a person or company does not have enough assets to pay all of their debts. The person or company might enter bankruptcy, but not necessarily. Once a loss is accepted by all parties, negotiation is often able to resolve the situation without bankruptcy. A company ...
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Japanese holding company, Nikkei, Inc., Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson plc, Pearson sold the publication to Nikkei for Pound sterling, £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. In 2023, it was reported to have 1.3 million subscribers of which 1.2 million were digital. The newspaper has a prominent focus on Business journalism, financial journalism and economic analysis rather than News media, generalist reporting, drawing both criticism and acclaim. It sponsors an Financial Times and McKinsey Business Book of the Year Award, annual book ...
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Rights Issue
A rights issue or rights offer is a dividend of subscription rights to buy additional securities in a company made to the company's existing security holders. When the rights are for equity securities, such as shares, in a public company, it can be a non-dilutive ''pro rata'' way to raise capital. Rights issues are typically sold via a prospectus or prospectus supplement. With the issued rights, existing security-holders have the privilege to buy a specified number of new securities from the issuer at a specified price within a subscription period. In a public company, a rights issue is a form of public offering (different from most other types of public offering, where shares are issued to the general public). Rights issues may be particularly useful for all publicly traded companies as opposed to other more dilutive financing options. As equity issues are generally preferable to debt issues from the company's viewpoint, companies usually opt for a rights issue in order to min ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Münster
Münster (; ) is an independent city#Germany, independent city (''Kreisfreie Stadt'') in North Rhine-Westphalia, Germany. It is in the northern part of the state and is considered to be the cultural centre of the Westphalia region. It is also a Münster (region), state district capital. Münster was the location of the Münster Rebellion, Anabaptist rebellion during the Protestant Reformation and the site of the signing of the Treaty of Westphalia ending the Thirty Years' War in 1648. Today, it is known as the bicycle capital of Germany. Münster gained the status of a ''Großstadt'' (major city) with more than 100,000 inhabitants in 1915. , there are 300,000 people living in the city, with about 61,500 students, only some of whom are recorded in the official population statistics as having their primary residence in Münster. Münster is a part of the international EUREGIO, Euregio region with more than 1,000,000 inhabitants (Enschede, Hengelo, Gronau, North Rhine-Westphalia, G ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by Paul Reuter. The Thomson Corporation of Canada acquired the agency in a 2008 corporate merger, resulting in the formation of the Thomson Reuters Corporation. In December 2024, Reuters was ranked as the 27th most visited news site in the world, with over 105 million monthly readers. History 19th century Paul Julius Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions of 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aa ...
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Bruno Sälzer
Dr. Bruno Sälzer (born 28 June 1957) was the CEO of Escada, the international luxury fashion group. He was born into a solid farming family. He has always been interested in fashion more than fertiliser, and has been quoted in saying, "I can't explain this. There was no one in my family like this. I have checked back several generations." He is the father of four sons. Career Timeline: * 1986-1991: Director of International Sales Coordination, Beiersdorf * 1991-1995: Managing Director of Hairdressing International, Schwarzkopf * 1995-2008: CEO, Hugo Boss * 2008–2014: CEO, Escada * 2014–2018: CEO, Bench Sälzer started out at Hugo Boss as one of the members of the managing board, but steadily worked his way up to CEO position. He was the first to introduce the womenswear line at Hugo Boss. He saw the company boost its income to €154m in 2007. During his time with the company, he described his management style as old-fashioned, he favored a system where you learn how to ...
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Saint-Tropez
Saint-Tropez ( , ; ) is a Communes of France, commune in the Var (department), Var departments of France, department and the regions of France, region of Provence-Alpes-Côte d'Azur, Southern France. It is west of Nice and east of Marseille, on the French Riviera, of which it is one of the best-known towns. In 2018, Saint-Tropez had a population of 4,103. The adjacent narrow body of water is the Gulf of Saint-Tropez (French: ''Golfe de Saint-Tropez''), stretching to Sainte-Maxime to the north under the Massif des Maures. Saint-Tropez was a military stronghold and fishing village until the beginning of the 20th century. It was the first town on its coast to be liberated during World War II as part of Operation Dragoon. After the war, it became an internationally known seaside resort, renowned principally because of the influx of artists of the French New Wave in cinema and the Yé-yé movement in music. It later became a resort for the European and American jet set and tourists. ...
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Stefan Szczesny
Stefan Szczesny (born 9 April 1951) is a German painter, draughtsman, and sculptor. He is best known for co-founding the Neue Wilde movement in the early 1980s. Biography 1951–1994 Stefan Szczesny was born in Munich as the son of the philosopher and publisher Gerhard Szczesny and his wife Martha Meuffel, a theatre producer. Upon attending primary and secondary schools in Munich, he acquired his first training as a painter at a private art school in Munich (1967–69). From 1969 to 1975, he studied at the Academy of Fine Arts in Munich. His mentor there was the abstract painter Günter Fruhtrunk. During this time, he also attended lectures in art history and philosophy at Ludwig Maximilian University and worked as a freelance art critic. Under the influence of his mentor Fruhtrunk Szczesny experimented in these years with abstract and minimalist art. A major turn-about occurred in 1975–76, when Szczesny was in Paris on a scholarship of the German Academic Exchange S ...
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Wella
Wella Aktiengesellschaft, AG is a German company specializing in hair care, Hair styling, styling, colorants, and other beauty products, and was founded in 1880 in Germany by Franz Ströher. Its headquartered in Darmstadt, Germany. The company was controlled by Procter & Gamble from 2003 until it was sold to Coty in 2015 along with some 40 other P&G brands. On December 1, 2020, Coty completed the sale of the Wella, Clairol, OPI Products, OPI and Good Hair Day, ghd brands stake to American private equity firm Kohlberg Kravis Roberts, KKR for $2.5bn in cash whilst retaining 40% stake in the standalone company. On October 1, 2021, Coty announced that it would sell an approximate 9% stake to KKR for $426.5 million. The deal reduces Coty's stake in the Wella, Clairol, OPI and ghd brands to around 30.6%. On November 8, 2021, Coty agreed to sell an approximate 4.7% stake in Wella to KKR in exchange for the redemption of approximately 56% of KKR's remaining convertible preferred shares ...
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