Fashion Concept GmbH: Jeremy Meeks to conquer fashion world

September 27, 2019 - 12:24
Fashion Concept GmbH: Jeremy Meeks to conquer fashion world

We are experiencing a time of social and technological revolution.Fashion Concept GmbH is not just a pioneer, it has also been able to sign a dealwith one of the icons of the fashion industry, former "hot felon"Jeremy Meeks.


FRANKFURT, GERMANY - EQS Newswire - 27 September2019 - FashionConcept GmbH focuses on the international trade in textiles. Byusing sustainable materials and promoting investment in new technologies, thecompany aims to ensure the long-term availability of environmentally-friendlyfashion.



Jeremy Meeks


The company's goal is to set new standards for sustainability. To reinforcethis goal, Fashion Concept has just signed a $15 million deal with JeremyMeeks to develop his own brand.


For Meeks, who has been a regular presence on the catwalk for variousfashion designers, this collaboration means a higher profile and a wideraudience, because not only will he be a top model, but he will also bemarketing his own fashion label. It is not just this mega deal that is amilestone in Jeremy's career; his private life is also on the upswing. He wasrecently photographed with a well-known actress.


But things are not just on the upswing for Jeremy: Fashion Concept GmbH, with itsfocus on uniquely innovative and sustainable technologies, is making a boldmove with this deal as it seeks to drive forward change in the fashionindustry. Fashion Concept aims to expand the growth in fashion and lifestylebrands.


Higher revenues are being generated each year on Germany's fashion market,in retail and, in particular, through online business; private investors, too,will soon have the opportunity to benefit from this growth. The profit marginsof often up to 30% will be of particular interest for investors.


This is precisely the market segment where Fashion Concept is active. Ininternational trade, the company has seen a growth of almost 300% in its salesover the last two years alone. The company is already making profits inpurchasing, since it can access its own production facilities in Turkey. Inaddition, merchandise such as textiles and accessories from many top manufacturersare being produced and purchased at very favourable conditions. The opportunityto purchase at high volumes allows savings of up to 90% to be achieved.


The company plans to purchase further top textile brands in 2020. This willnot only expand its product offerings significantly, it will also have a directimpact on prices.


The group works with numerous distributors, allowing it to be able to choosethe most efficient marketing channel for its products at all times. In thisway, it can maximise the revenue from the quick sale of its merchandise.


The company does not rely on bank loans, but instead uses subordinatedloans, bonds, profit participation rights, and silent partnerships forindividuals who can directly benefit from the company's growth with a fixedreturn, currently at three to five percent.


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