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Margaretha and Wolfgang Ley found Escada in Munich
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Escada floats its shares on the stock market
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Margaretha Ley, its chief designer, dies
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Escada issues 200 million euro bond maturing in 2012
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Wolfgang Ley hands over CEO post to Frank Rheinboldt
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Jean-Marc Loubier becomes CEO
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Wolfgang and Michael Herz agree to acquire stake in Escada through a capital increase
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Bruno Saelzer becomes CEO
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Escada says needs fresh capital urgently
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Escada launches refinancing package, CEO Saelzer urges share- and bondholders as well as banks to back measures saying the "only alternative would be Escada's insolvency"
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Tender period ends, 46 percent of the bondholders sign up to the exchange, less than the needed 80 percent. Escada says it will file for insolvency.