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Escada was founded in 1978 by Margaretha and Wolfgang Ley in Munich, Germany. [2] 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 fashion company cited the "economic plague" caused by the coronavirus, but operational woes are said to far predate the pandemic.
Megha Mittal, a member of an Indian steelmaking company, bought Escada and saved the company in 2009. Sälzer was retained as CEO, [1] and thanked for his "relentless efforts" so far at the firm. [4] On 20 February 2014, according to Women's Wear Daily, Salzer will step down as CEO of Escada by December 2014. [5]
Eschede (German pronunciation: [3]) is a municipality in the district of Celle, in Lower Saxony, Germany. Situated approximately 15 km (10 miles) northeast of Celle, Eschede lies at the border of the Südheide Nature Park, a protected area of large forests and heaths. Today around 20 small villages are part of the "Gemeinde Eschede".
He was the 21st richest man in Germany and in 2003 made the top 10. [4] [2] Michael Herz bought and reorganized the book wholesaler Libri and the florist Blume 2000, and he also prevented the break-up of Beiersdorf AG through his efforts. His investment in Escada turned out to be a failure and ended in bankruptcy. [5] [6]
Megha Mittal (born 20 November 1976 in Kolkata, India) is an Indian fashion entrepreneur.She is the former Chairperson and Managing Director of the German fashion luxury brand Escada.
On 3 June 1998, part of an ICE 1 train on the Hannover–Hamburg railway near Eschede in Lower Saxony, Germany derailed and crashed into an overpass that crossed the railroad, which then collapsed onto the train. 101 people were killed and at least 88 were injured, making it the second-deadliest railway disaster in German history after the 1939 Genthin rail disaster, and the world's worst ever ...
Escada is a German designer clothing company. Escada may also refer to: Escada, Pernambuco, a city in northeastern Brazil; Alain Escada (born 1970), Belgian far-right ...