Save Escada Who?

Recession was still bad news for some players mode. One of them came German company, Escada, which is now facing financial problems. Not like Gianfranco Ferre or Christian Lacroix who registered the company to obtain bankruptcy protection from the government, chose Escada put yourself in the middle of the market, find the best buyer is able to bring back these great companies to secure lines.

One buyer who had expressed interest to take over from Escada is a group of Beirut M1, the successful purchase of Faconnable Nordstrom hand worth USD210 million. M1 challenger was the son of the founder of Escada, Sven Ley, who deal with the financial firm Vestar Capital Partners, which has a label St. John. The daughter of the Indian steel company, Mittal Megha, is also reportedly interested in having Escada.

What makes a musical Escada many parties? The answer is easy. During the last two decades, Escada successfully built a reputation as a celebrity darling brand has 182 outlets and 225 franchise networks in 60 countries.

Escada Margaretha established couples and Wolfgang Ley in 1978 in Munich. Company known for colorful clothing styles are successful fashionista attention, and immediately became one of the largest retailers in Europe.

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