Home / Knowledge / News / Fashion / Generational change at fashion Co ESCADA's BOD

Generational change at fashion Co ESCADA's BOD

Dec '05
Fashion house ESCADA AG announced Dr. Georg Kellinghusen will leave the ESCADA AG on December 31st 2005 by best mutual consent as part of the generational change.

Dr. Kellinghusen had been board member since 2000 with responsibility for finances, controlling and investor relations. At its meeting today the Supervisory Board of the ladies luxury fashion manufacturer appointed Markus Schürholz (41) as successor to take over on January 1st 2006.

Markus Schürholz joins the ESCADA Group from Douglas-Holding AG, where he had been Finance Director. He holds a MBA-degree and has seen assignments as commercial managing director for national and international business with the ELG Haniel Group and Ratiopharm International GmbH, among others.

With Dr. Kellinghusen handing over to Markus Schürholz the generational change in ESCADA's Board of Management, initiated by the September announcement of the change at the helm of the company, has now been completed. The company founder and CEO, Wolfgang Ley, is set to hand over his position to Frank Rheinboldt on January 31st 2006.

Mr. Rheinboldt comes in as former CEO of the ESCADA-own subsidiary PRIMERA AG, whilst Mr. Ley himself will continue working for the Group in a consulting capacity as “Creative Chairman”.

Peter Zühlsdorff, Chairman of ESCADA's Supervisory Board stated that over the last six years Dr. Kellinghusen has made a substantial contribution toward fostering a relationship with ESCADA's stockholders, analysts and banks that is characterized by trust and professionalism.

Must ReadView All

Fibre2Fashion: 21 years of serving textile-apparel-fashion industry

Textiles | On 17th Apr 2021

Fibre2Fashion: 21 years of serving textile-apparel-fashion industry

Fibre2Fashion, the online platform for the global...

Pic: Shutterstock

Textiles | On 17th Apr 2021

China's economy grows 18.3% in Q1 2021

Powered by a strong domestic and foreign demand, China's economy grew ...

Pic: Shutterstock

Retail | On 17th Apr 2021

US retail sales saw strong rebound in March: NRF

As government cheques fattened consumers’ bank accounts and more...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Increased need for online fitting solutions as retailers shift to...

Footwear Industry, Footwear Retailers

Footwear Industry
Footwear Retailers

Still struggling to mop up higher sales

Textile Industry, Head honchos

Textile Industry
Head honchos

Consumer sentiment will be conservative after lockdown

Manoj Sorathiya,

Manoj Sorathiya

Surat-based Sunrise Imports & Exports Co is a manufacturer and...

David Guiho,

David Guiho

Headquartered in Apt, South of France, Delta Plus designs, manufactures...

Benedetta Terraneo,

Benedetta Terraneo

Miko Srl, a subsidiary of US-based Sage Automotive Interiors and a member...

Dave Rousse, INDA

Dave Rousse

INDA, the Association of the Nonwoven Fabrics Industry, serves hundreds of ...

Daniel Odermatt, Ventile

Daniel Odermatt

Ventile is a registered trademark used to brand a special high-quality...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

Sarah Denise Cordery, Sarah Denise Studio

Sarah Denise Cordery
Sarah Denise Studio

Manchester, England-based Sarah Denise Studio provides relevant fashion...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

April 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Advanced Search