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Lesara
Lesara was a clothing e-commerce site founded in Berlin in 2013. On November 9, 2018, the company filed for bankruptcy. History Lesara was founded in 2013 by CEO Roman Kirsch, COO Matthias Wilrich, and CTO Robin Müller.Chloe Gendron, The company's head office was located at the Schicklerhaus in Berlin, Germany, and the second office was in Guangzhou, China. Retail Lesara was one of the first companies that used the concept of agile retail within the fashion industry.Craig Guillot, Agile retail is a direct-to-consumer retail model that uses big data to try to predict trends, manage efficient production cycles, and optimize turnaround on emerging styles.Nadya Khoja"Changing Clothes: How Agile Retail is Disrupting the Fashion Industry" ''business.com'', July 20, 2016. The company used data acquired from Google, social media, and blog posts, then analyzed it to identify current trends. Criticism In 2015, Lesara GmbH initiated a legal action against Daniel Brückner, but the c ...
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Roman Kirsch
Roman Kirsch is a German serial entrepreneur and investor in the tech- and consumer-internet-space. Early life and education Kirsch holds a business degree from the German business school WHU – Otto Beisheim School of Management. He also has a Master of Science degree from the London School of Economics in Finance, Accounting and Management. He also spent time at the University of Southern California as well as the Indian Institute of Management Bangalore. Career At the age of 13, Roman set up a business of importing watches from China. Later in 2003, at the age of 15, Kirsch founded his first company (a souvenir shop in Hamburg). In 2011, Kirsch founded Casacanda; a furniture company that was later acquired by Fab.com in February 2012, making it one of the fastest company exits in tech history for one of the youngest founders. He spent a year as the CEO of Fab Europe until end of 2012 where he oversee the company reaching the unicorn status at a USD 1 billion valuation. I ...
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Agile Retail
Agile retail is a direct-to-consumer retail model that uses big data to try to predict trends, manage efficient production cycles, and faster turnaround on emerging styles.Nadya Khoja"Changing Clothes: How Agile Retail is Disrupting the Fashion Industry" ''business.com'', July 20, 2016. Agile retail applies concepts from Agile and Lean in the retail business, and aims to respond faster to customer needs. This retail model is used by Amazon. The concept turns e-commerce retailers into on-demand platforms that identify stock and deliver desired products directly to the consumer. The main focus of Agile retail is to identify trends that are popular with consumers at a given moment and deliver those products using Agile production concepts."Can This New Industry Disrupt Fast Fashion?"
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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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Google
Google LLC () is an American multinational technology company focusing on search engine technology, online advertising, cloud computing, computer software, quantum computing, e-commerce, artificial intelligence, and consumer electronics. It has been referred to as "the most powerful company in the world" and one of the world's most valuable brands due to its market dominance, data collection, and technological advantages in the area of artificial intelligence. Its parent company Alphabet is considered one of the Big Five American information technology companies, alongside Amazon, Apple, Meta, and Microsoft. Google was founded on September 4, 1998, by Larry Page and Sergey Brin while they were PhD students at Stanford University in California. Together they own about 14% of its publicly listed shares and control 56% of its stockholder voting power through super-voting stock. The company went public via an initial public offering (IPO) in 2004. In 2015, Google was reor ...
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German Companies Established In 2013
German(s) may refer to: * Germany (of or related to) **Germania (historical use) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** For citizens of Germany, see also German nationality law **Germanic peoples (Roman times) * German language **any of the Germanic languages * German cuisine, traditional foods of Germany People * German (given name) * German (surname) * Germán, a Spanish name Places * German (parish), Isle of Man * German, Albania, or Gërmej * German, Bulgaria * German, Iran * German, North Macedonia * German, New York, U.S. * Agios Germanos, Greece Other uses * German (mythology), a South Slavic mythological being * Germans (band), a Canadian rock band * "German" (song), a 2019 song by No Money Enterprise * ''The German'', a 2008 short film * "The Germans", an episode of ''Fawlty Towers'' * ''The German'', a nickname for Congolese rebel André Kisase Ngandu See also * Germanic (other) * German ...
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Manager Magazin
''Manager Magazin'' (stylized as ''manager magazin'') is a German monthly business magazine focusing on business, finance and management based in Hamburg, Germany. History and profile ''Manager Magazin'' was first published on 1 November 1971. It is part of the Spiegel Group which also owns ''Der Spiegel'' among others. The magazine is based in Hamburg and is published monthly by the Manager Magazin Verlagsgesellschaft. Since 1986 Gruner + Jahr has a 24.9 percent share in the publisher of the magazine. The other owner of its publishing house is the Spiegel Group. As of 2013 Steffen Klusmann was the editor-in-chief of the monthly. ''Manager Magazin'' has a liberal stance. The magazine targets professional decision makers and managers in Germany. It covers business news, related data and background information concerning all economic areas. The online edition of the monthly was launched in 1998. The magazine has a lifestyle supplement, ''Splendid'', which covers articles on fash ...
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Cease And Desist
A cease and desist letter is a document sent to an individual or business to stop alleged illegal activity. The phrase "cease and desist" is a legal doublet, made up of two near-synonyms. The letter may warn that, if the recipient does not discontinue specified conduct, or take certain actions, by deadlines set in the letter, that party, i.e. the letter's recipient, may be sued. When issued by a public authority, a cease and desist letter, being "a warning of impending judicial enforcement", is most appropriately called a "cease and desist order". Usage for intellectual property Although cease and desist letters are not exclusively used in the area of intellectual property, particularly in regards to copyright infringement, such letters "are frequently utilized in disputes concerning intellectual property and represent an important feature of the intellectual property law landscape". The holder of an intellectual property right such as a copyrighted work, a trademark, or a pat ...
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Federal Department Of Economic Affairs, Education And Research
The Federal Department of Economic Affairs, Education and Research (EAER, german: Eidgenössisches Departement für Wirtschaft, Bildung und Forschung; french: Département fédéral de l'économie, de la formation et de la recherche; it, Dipartimento federale dell'economia, della formazione e della ricerca) is one of the seven departments of the federal government of Switzerland, headed by a Member of the Swiss Federal Council. The department was renamed from Federal Department of Economic Affairs (FDEA) effective on 1 January 2013 based on decisions taken by the Federal Council in 2011. Organisation The department is composed of the following offices: * General Secretariat, including the Federal Consumer Affairs Bureau FCAB (responsible for consumer affairs) and the Swiss civilian service agency ( ZIVI). * State Secretariat for Economic Affairs (SECO): Responsible for national and international economic policy, trade negotiations and labour policy. * State Secretariat for Ed ...
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Switzerland
). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel, St. Gallen a.o.). , coordinates = , largest_city = Zürich , official_languages = , englishmotto = "One for all, all for one" , religion_year = 2020 , religion_ref = , religion = , demonym = , german: Schweizer/Schweizerin, french: Suisse/Suissesse, it, svizzero/svizzera or , rm, Svizzer/Svizra , government_type = Federalism, Federal assembly-independent Directorial system, directorial republic with elements of a direct democracy , leader_title1 = Federal Council (Switzerland), Federal Council , leader_name1 = , leader_title2 = , leader_name2 = Walter Thurnherr , legislature = Fe ...
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Beobachter (magazine)
''Beobachter'' (''Observer''), also known by its former name ''Der Schweizerische Beobachter'', is a German-language Swiss magazine. Published in Zürich, its 26 issues a year focus on consumer, health and political content. History and profile The magazine was founded in 1926 by Max Ras as ''Der Schweizerische Beobachter'' and first distributed in 1927 as a free newspaper to all households in the German-speaking part of Switzerland. From the beginning, it was a political, but non-partisan struggle sheet, that took a position in favor of economically weakly positioned people. The newspaper fought for equal rights for women, fights rampant bureaucracy, and reveals scandals and hypocrisies. Through its populist style and the high number of readers, which in 1994 was over a million, ''Beobachter'' secured an extensive advertising volume within Switzerland. From 2007 respectively 2010 (against media and political protests), the low-priced subscription magazine was published fortnigh ...
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Law Violation
A wrong (from Old English – 'crooked') is an act that is illegal or immoral. Legal wrongs are usually quite clearly defined in the law of a State (polity), state and/or jurisdiction. They can be divided into civil wrongs and crimes (or ''criminal offenses'') in Common law (legal system), common law countries, while Civil law (legal system), civil law countries tend to have some additional categories, such as contraventions. Moral wrong is an underlying concept for legal wrong. Some moral wrongs are punishable by law, for example, rape or murder. Other moral wrongs have nothing to do with law, but are related to unethical behaviours. On the other hand, some legal wrongs, such as many types of parking offences, could hardly be classified as moral wrongs. Legal wrong A violation of law is any act (or, less commonly, failure to act) that fails to abide by existing law. Violations generally include both crimes and civil wrongs. Some acts, such as fraud, can violate both civil and c ...
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Big Data
Though used sometimes loosely partly because of a lack of formal definition, the interpretation that seems to best describe Big data is the one associated with large body of information that we could not comprehend when used only in smaller amounts. In it primary definition though, Big data refers to data sets that are too large or complex to be dealt with by traditional data-processing application software. Data with many fields (rows) offer greater statistical power, while data with higher complexity (more attributes or columns) may lead to a higher false discovery rate. Big data analysis challenges include capturing data, data storage, data analysis, search, sharing, transfer, visualization, querying, updating, information privacy, and data source. Big data was originally associated with three key concepts: ''volume'', ''variety'', and ''velocity''. The analysis of big data presents challenges in sampling, and thus previously allowing for only observations and sampling. ...
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