EMP Merchandising
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EMP Merchandising
EMP Merchandising also known as Large Popmerchandising (in The Netherlands and Belgium) is a German-based music mail order and merchandising store. The "E.M.P." abbreviation stands for ''Exclusive Merchandise Products''. The company distributes a quarterly catalog to customers. In a 2003 report, the Osnabrück Chamber of Commerce considered the company to be the largest mail order business for hard rock and heavy metal music Heavy metal (or simply metal) is a genre of rock music that developed in the late 1960s and early 1970s, largely in the United Kingdom and United States. With roots in blues rock, psychedelic rock and acid rock, heavy metal bands developed a ... in Germany. In September 2018, Warner Music Group acquired EMP from Sycamore Partners. History EMP was founded in 1986 by Felix Lethmate. The business started in an apartment in Lingen (Ems), Lingen in Emsland and developed in a short time into a company that employed more than 500 people across Europe in D ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Echo (Music Award)
Echo Music Prize (stylised as ECHO, ) was an accolade by the , an association of recording companies of Germany to recognize outstanding achievement in the music industry. The first ECHO Awards ceremony was held in 1992, and it was set up to honor musical accomplishments by performers for the year 1991, succeeding the Deutscher Schallplattenpreis, which was awarded since 1963. Each year's winner was determined by the previous year's sales. In April 2018, following controversy regarding that year's ceremony, the Bundesverband Musikindustrie announced the end of the award. History First held with 370 people in the Flora, Cologne in 1992, the award ceremony in Frankfurt was televised and the classical awards were moved to a separate event, Echo Klassik, in Cologne in 1994. Until 1995, only invited guests could attend the ceremony. It was held in Munich, and in 2001, the venue was moved from Hamburg to Berlin because of subsidies of up to 20 million euros, although a return in 2004 w ...
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Mail Order Catalog
Mail order is the buying of goods or services by mail delivery. The buyer places an order for the desired products with the merchant through some remote methods such as: * Sending an order form in the mail * Placing a telephone call * Placing an order with a few travelling agents and paying by installments * Filling in a form on a website or mobile app — if the product information is also mainly obtained online rather than via a paper catalogue or via television, this model is online shopping or e-commerce Then, the products are delivered to the customer. The products are usually delivered directly to an address supplied by the customer, such as a home address, but occasionally the orders are delivered to a nearby retail location for the customer to pick up. Some merchants also allow the goods to be shipped directly to a third party consumer, which is an effective way to send a gift to an out-of-town recipient. Some merchants delivered the goods directly to the customer via t ...
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Private Equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a type of ownership of assets ( financial equity) and is a class of assets (debt securities and equity securities), which function as modes of financial management for operating private companies that are not publicly traded in a stock exchange. Private-equity capital is invested into a target company either by an investment management company (private equity firm), or by a venture capital fund, or by an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Each category of investor provides working capital to the target company to finance the expansion of the company with the development of new products and services, the restructuring ...
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Lingen, Germany
Lingen (), officially Lingen (Ems), is a town in Lower Saxony, Germany. In 2008, its population was 52,353, and in addition there were about 5,000 people who registered the city as their secondary residence. Lingen, specifically "Lingen (Ems)" is located on the river Ems (river), Ems in the southern part of the Emsland District, which borders North Rhine-Westphalia in the south and the Netherlands in the west. History Lingen was first mentioned in the Middle Ages (975 AD). Economy and education Lingen is known for its offshore- and nuclear power, nuclear industry (Emsland Nuclear Power Plant). The University of Applied Sciences Osnabrueck has set up a branch campus, located in the centre of Lingen, with the three Institutes for Management and Engineering, Communications Management and Teaching of Theatre. In 2000 the institutes in Lingen merged into the Faculty of Society and Technology. In 2010 there are expected to be about 2,000 students attending. Climate On 25 July 2019, Li ...
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Dortmund
Dortmund (; Westphalian nds, Düörpm ; la, Tremonia) is the third-largest city in North Rhine-Westphalia after Cologne and Düsseldorf, and the eighth-largest city of Germany, with a population of 588,250 inhabitants as of 2021. It is the largest city (by area and population) of the Ruhr, Germany's largest urban area with some 5.1 million inhabitants, as well as the largest city of Westphalia. On the Emscher and Ruhr rivers (tributaries of the Rhine), it lies in the Rhine-Ruhr Metropolitan Region and is considered the administrative, commercial, and cultural center of the eastern Ruhr. Dortmund is the second-largest city in the Low German dialect area after Hamburg. Founded around 882,Wikimedia Commons: First documentary reference to Dortmund-Bövinghausen from 882, contribution-list of the Werden Abbey (near Essen), North-Rhine-Westphalia, Germany Dortmund became an Imperial Free City. Throughout the 13th to 14th centuries, it was the "chief city" of the Rhine, Westphali ...
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Belk Inc
Belk, Inc. is an American department store chain founded in 1888 by William Henry Belk in Monroe, North Carolina, with nearly 300 locations in 16 states. Belk stores and Belk.com offer apparel, shoes, accessories, cosmetics, home furnishings, and wedding registry. History Early history Belk was founded in 1888 by William Henry Belk in Monroe, North Carolina, outside Charlotte. The store was first called New York Racket and then Belk Brothers, after Belk made his brother, physician Dr. John Belk, his partner. Belk bought in volume to pass savings on and sold at fixed prices, then a relatively unusual practice. By 1909, the company had moved its headquarters to Charlotte and built a huge flagship store on Trade and Tryon Streets in downtown Charlotte, which would remain the company's headquarters until it was closed in 1988 to make way for the construction of what is now Bank of America Corporate Center. The business grew steadily, relying on "bargain sales" and advertising ...
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Private-equity Firm
A private equity firm is an investment management company that provides financial backing and makes investments in the private equity of startup or operating companies through a variety of loosely affiliated investment strategies including leveraged buyout, venture capital, and growth capital. Often described as a financial sponsor, each firm will raise funds that will be invested in accordance with one or more specific investment strategies. Typically, a private equity firm will raise pools of capital, or private-equity funds that supply the equity contributions for these transactions. Private equity firms will receive a periodic management fee as well as a share in the profits earned (carried interest) from each private-equity fund managed. Private equity firms, with their investors, will acquire a controlling or substantial minority position in a company and then look to maximize the value of that investment. Private-equity firms generally receive a return on their inves ...
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Nuremberg
Nuremberg ( ; german: link=no, Nürnberg ; in the local East Franconian dialect: ''Nämberch'' ) is the second-largest city of the German state of Bavaria after its capital Munich, and its 518,370 (2019) inhabitants make it the 14th-largest city in Germany. On the Pegnitz River (from its confluence with the Rednitz in Fürth onwards: Regnitz, a tributary of the River Main) and the Rhine–Main–Danube Canal, it lies in the Bavarian administrative region of Middle Franconia, and is the largest city and the unofficial capital of Franconia. Nuremberg forms with the neighbouring cities of Fürth, Erlangen and Schwabach a continuous conurbation with a total population of 800,376 (2019), which is the heart of the urban area region with around 1.4 million inhabitants, while the larger Nuremberg Metropolitan Region has approximately 3.6 million inhabitants. The city lies about north of Munich. It is the largest city in the East Franconian dialect area (colloquially: "F ...
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Leipzig
Leipzig ( , ; Upper Saxon: ) is the most populous city in the German state of Saxony. Leipzig's population of 605,407 inhabitants (1.1 million in the larger urban zone) as of 2021 places the city as Germany's eighth most populous, as well as the second most populous city in the area of the former East Germany after (East) Berlin. Together with Halle (Saale), the city forms the polycentric Leipzig-Halle Conurbation. Between the two cities (in Schkeuditz) lies Leipzig/Halle Airport. Leipzig is located about southwest of Berlin, in the southernmost part of the North German Plain (known as Leipzig Bay), at the confluence of the White Elster River (progression: ) and two of its tributaries: the Pleiße and the Parthe. The name of the city and those of many of its boroughs are of Slavic origin. Leipzig has been a trade city since at least the time of the Holy Roman Empire. The city sits at the intersection of the Via Regia and the Via Imperii, two important medieval trad ...
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Essen
Essen (; Latin: ''Assindia'') is the central and, after Dortmund, second-largest city of the Ruhr, the largest urban area in Germany. Its population of makes it the fourth-largest city of North Rhine-Westphalia after Cologne, Düsseldorf and Dortmund, as well as the ninth-largest city of Germany. Essen lies in the larger Rhine-Ruhr Metropolitan Region and is part of the cultural area of Rhineland. Because of its central location in the Ruhr, Essen is often regarded as the Ruhr's "secret capital". Two rivers flow through the city: in the north, the Emscher, the Ruhr area's central river, and in the south, the Ruhr River, which is dammed in Essen to form the Lake Baldeney (''Baldeneysee'') and Lake Kettwig (''Kettwiger See'') reservoirs. The central and northern boroughs of Essen historically belong to the Low German ( Westphalian) language area, and the south of the city to the Low Franconian ( Bergish) area (closely related to Dutch). Essen is seat to several of the region's ...
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