Edob Abwicklungs

Edob Abwicklungs is a German company that was formerly known as ESCADA, a luxury fashion brand that was founded in 1976 by Margaretha and Wolfgang Ley. The company specializes in women's apparel and accessories, offering products that feature bold colors, elaborate embroidery, and sophisticated tailoring. The company operates under two main brands: ESCADA and ESCADA SPORT. ESCADA is the flagship brand that caters to the high-end segment of the market, while ESCADA SPORT is a more casual and youthful line that targets a wider audience. The company also licenses its name for eyewear and fragrances, which are produced and distributed by third parties.

The company has a global presence, with more than 180 company-owned stores in 20 countries, as well as distribution agreements with upscale department stores such as Neiman Marcus and Saks. The company also has an online store that ships to over 40 countries. The company employs around 1,500 people worldwide, with its headquarters located in Aschheim, Germany. The company also has regional offices in Milan, Paris, Tokyo, London, Beverly Hills, and New York City.

The company has undergone several changes in ownership and management over the years. In 1986, the company went public on the Frankfurt Stock Exchange, but the Leys retained 51 percent of the voting stock. In 1992, Margaretha Ley passed away, and the company hired various designers to succeed her. In 2009, the company filed for insolvency due to declining sales and high debts. The company was acquired by Megha Mittal, the daughter-in-law of Indian steel magnate Lakshmi Mittal, who restructured the company and appointed new executives and creative directors. In 2019, the company was sold to Regent LP, a US-based private equity firm led by Michael Reinstein.

The company is committed to sustainability and social responsibility in its business practices. The company follows the principles of the UN Global Compact and the Sustainable Development Goals. The company sources its materials from certified suppliers that adhere to ethical and environmental standards. The company also supports various charitable causes, such as breast cancer research, education for girls, and animal welfare. The company publishes an annual sustainability report that discloses its performance on various ESG indicators.