Margaretha and Wolfgang Ley found Escada in Munich
Escada floats its shares on the stock market
Margaretha Ley, its chief designer, dies
Escada issues 200 million euro bond maturing in 2012
Wolfgang Ley hands over CEO post to Frank Rheinboldt
Jean-Marc Loubier becomes CEO
Wolfgang and Michael Herz agree to acquire stake in Escada through a capital increase
Bruno Saelzer becomes CEO
Escada says needs fresh capital urgently
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"
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.