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Escada Rescue?
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TIME is running out for German luxury label?Escada following its registration for insolvency last month - but help might be at hand.
Consultancy KPMG has been brought in to help find buyers for the ailing brand - whose finances run out in December - setting up talks with potential investors.
According to WWD,abercrombie & fitch Polos men, so far there are more than 12 possible buyers that have expressed interest - among them Munich-based lawyer Nickolaus Becker is the only one to have gone public.
Insolvency administrators are hoping that a buyer will be found by the beginning of November at the latest. Currently,tory burch wallets discount, Escada has no plans to cut any of its 2,cheap monster earphone,300 jobs.
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