{"id":44071,"date":"2017-08-01T10:20:03","date_gmt":"2017-08-01T08:20:03","guid":{"rendered":"https:\/\/newserver.fyb.de\/produkt\/tailor-made-solution-finetrading-for-the-procurement-and-storage-of-childrens-fashion\/"},"modified":"2017-08-01T10:20:03","modified_gmt":"2017-08-01T08:20:03","slug":"customized-solution-finetrading-for-procurement-and-storage-of-children-fashion","status":"publish","type":"product","link":"https:\/\/www.fyb.de\/en\/produkt\/customized-solution-finetrading-for-procurement-and-storage-of-children-fashion\/","title":{"rendered":"Tailor-made solution \u2014 Finetrading for the procurement and storage of children\u2019s fashion"},"content":{"rendered":"

Petri Penn\u00ada\u00adnen<\/strong> \u2014 Mana\u00adging Direc\u00adtor WCF Fine\u00adtra\u00adding GmbH, Munich<\/p>\n

Clemens Wagner<\/strong> \u2014 Direc\u00adtor Consul\u00adting WCF Fine\u00adtra\u00adding GmbH, Munich<\/p>\n","protected":false},"excerpt":{"rendered":"

More and more women are fore\u00adgo\u00ading child\u00adren in favor of their care\u00aders. Germany has the lowest propor\u00adtion of child\u00adren in the Euro\u00adpean Union. Accor\u00adding to the Euro\u00adpean statis\u00adtics office Euro\u00adstat, only 13.1 percent of the popu\u00adla\u00adtion in the Fede\u00adral Repu\u00adblic of Germany was under 15 years old in 2014. The fashion indus\u00adtry is also feeling the effects of this; it has shrunk by 25 percent since 2000. Despite the highly compe\u00adti\u00adtive market, the Kids Fashion Group, head\u00adquar\u00adte\u00adred in Plienz\u00adhau\u00adsen near Stutt\u00adgart, has not had any \u201cnew blood worries\u201d in recent years. On the contrary, the Swabian child\u00adren\u2019s fashion specia\u00adlist Kids Fashion Group is growing \u2014 not least because of its finan\u00adcing mix, which includes the use of fine\u00adtra\u00adding for goods and inven\u00adtory finan\u00adcing. This allows Kids Fashion Group to secure liqui\u00addity quickly and flexi\u00adbly, makes it less depen\u00addent on the credit market, and even streng\u00adthens its rating and nego\u00adtia\u00adting posi\u00adtion in upco\u00adming bank negotiations.<\/strong><\/p>\n

The Kids Fashion Group has long since outgrown its child\u00adren\u2019s shoes. The company with 500 employees in Germany was foun\u00added in 1949 by Josef Kanz in Neufra, Swabia, as Josef Kanz GmbH & CO. KG. Since 2013, the busi\u00adness has been opera\u00adting under the name Kids Fashion Group GmbH & Co KG. In the mean\u00adtime, the brand port\u00adfo\u00adlio has grown to 14 child\u00adren\u2019s fashion labels; most recently, Kids Fashion GmbH acqui\u00adred, among other things, the majo\u00adrity of shares in Belly\u00adbut\u00adton, the Hamburg-based fashion label that ex-model Dana Schwei\u00adger foun\u00added toge\u00adther with actress Ursula Karven and three other friends.<\/p>\n

\u201cIn the fashion indus\u00adtry, pre-finan\u00adcing of purcha\u00adses plays a signi\u00adfi\u00adcant role because merchan\u00addise is usually purcha\u00adsed before the season begins and the resul\u00adting reve\u00adnue cannot be reali\u00adzed until seve\u00adral weeks or even months later. This may mean that a period of seve\u00adral months has to be bridged with inte\u00adrim finan\u00adcing. We cannot finance our conti\u00adnuous growth in this very capi\u00adtal-inten\u00adsive busi\u00adness through our bank loans alone; since 2012, we have also relied on fine\u00adtra\u00adding as a supple\u00adment to clas\u00adsic bank finan\u00adcing,\u201d explains Harald Hepperle, one of the two mana\u00adging direc\u00adtors of the Kids Fashion Group. He was made aware of the exible bank rein\u00adforce\u00adment by his house bank. \u201cTo meet the chal\u00adlenges of the market, SMEs will need more than stan\u00addard solu\u00adti\u00adons in corpo\u00adrate finan\u00adcing in the future. \u201cAmong other things, this is why we have deci\u00added to coope\u00adrate with alter\u00adna\u00adtive finan\u00adcing provi\u00adders \u2014 for exam\u00adple, in the field of fine\u00adtra\u00adding,\u201d says Stephan Schnippe, form\u00aderly a member of the Execu\u00adtive Board of Inter\u00adna\u00adtio\u00adnal Bank\u00adhaus Boden\u00adsee AG. IBB AG has been offe\u00adring its custo\u00admers fine\u00adtra\u00adding as a supple\u00adment to tradi\u00adtio\u00adnal bank loans since 2008.<\/p>\n","protected":false},"featured_media":41251,"comment_status":"closed","ping_status":"closed","template":"","meta":{"wp_typography_post_enhancements_disabled":false},"product_brand":[],"product_cat":[2452,2547,2552,2560],"product_tag":[1803,1956,2051,2056,2060,2063,2067,2073,2075],"class_list":{"0":"post-44071","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-ebook-en","7":"product_cat-clemens-wagner-en","8":"product_cat-fyb-2016-en","9":"product_cat-petri-pennanen-en","10":"product_tag-financing-mix","11":"product_tag-finetrading-en","12":"product_tag-wagner-en","13":"product_tag-clemens-en","14":"product_tag-pennanen-en","15":"product_tag-petri-en","16":"product_tag-liquidity-en","17":"product_tag-credit-market","18":"product_tag-pre-financing","19":"pa_sprache-english-3","20":"pa_sprache-german","22":"first","23":"outofstock","24":"taxable","25":"shipping-taxable","26":"purchasable","27":"product-type-variable"},"yoast_head":"\nTailor-made solution - Finetrading for the procurement and storage of children's fashion - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/produkt\/customized-solution-finetrading-for-procurement-and-storage-of-children-fashion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tailor-made solution - Finetrading for the procurement and storage of children's fashion - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"More and more women are foregoing children in favor of their careers. Germany has the lowest proportion of children in the European Union. According to the European statistics office Eurostat, only 13.1 percent of the population in the Federal Republic of Germany was under 15 years old in 2014. The fashion industry is also feeling the effects of this; it has shrunk by 25 percent since 2000. Despite the highly competitive market, the Kids Fashion Group, headquartered in Plienzhausen near Stuttgart, has not had any "new blood worries" in recent years. On the contrary, the Swabian children's fashion specialist Kids Fashion Group is growing - not least because of its financing mix, which includes the use of finetrading for goods and inventory financing. This allows Kids Fashion Group to secure liquidity quickly and flexibly, makes it less dependent on the credit market, and even strengthens its rating and negotiating position in upcoming bank negotiations. The Kids Fashion Group has long since outgrown its children's shoes. The company with 500 employees in Germany was founded in 1949 by Josef Kanz in Neufra, Swabia, as Josef Kanz GmbH & CO. KG. Since 2013, the business has been operating under the name Kids Fashion Group GmbH & Co KG. In the meantime, the brand portfolio has grown to 14 children's fashion labels; most recently, Kids Fashion GmbH acquired, among other things, the majority of shares in Bellybutton, the Hamburg-based fashion label that ex-model Dana Schweiger founded together with actress Ursula Karven and three other friends. "In the fashion industry, pre-financing of purchases plays a significant role because merchandise is usually purchased before the season begins and the resulting revenue cannot be realized until several weeks or even months later. This may mean that a period of several months has to be bridged with interim financing. We cannot finance our continuous growth in this very capital-intensive business through our bank loans alone; since 2012, we have also relied on finetrading as a supplement to classic bank financing," explains Harald Hepperle, one of the two managing directors of the Kids Fashion Group. He was made aware of the exible bank reinforcement by his house bank. "To meet the challenges of the market, SMEs will need more than standard solutions in corporate financing in the future. "Among other things, this is why we have decided to cooperate with alternative financing providers - for example, in the field of finetrading," says Stephan Schnippe, formerly a member of the Executive Board of International Bankhaus Bodensee AG. IBB AG has been offering its customers finetrading as a supplement to traditional bank loans since 2008.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fyb.de\/en\/produkt\/customized-solution-finetrading-for-procurement-and-storage-of-children-fashion\/\" \/>\n<meta property=\"og:site_name\" content=\"FYB Financial Yearbook\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.fyb.de\/wp-content\/uploads\/2017\/07\/Pennanen.png\" \/>\n\t<meta property=\"og:image:width\" content=\"334\" \/>\n\t<meta property=\"og:image:height\" content=\"298\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/customized-solution-finetrading-for-procurement-and-storage-of-children-fashion\/\",\"url\":\"https:\/\/www.fyb.de\/en\/produkt\/customized-solution-finetrading-for-procurement-and-storage-of-children-fashion\/\",\"name\":\"Tailor-made solution - Finetrading for the procurement and storage of children's fashion - FYB Financial Yearbook\",\"isPartOf\":{\"@id\":\"https:\/\/www.fyb.de\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/customized-solution-finetrading-for-procurement-and-storage-of-children-fashion\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/customized-solution-finetrading-for-procurement-and-storage-of-children-fashion\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2017\/07\/Pennanen.png\",\"datePublished\":\"2017-08-01T08:20:03+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/customized-solution-finetrading-for-procurement-and-storage-of-children-fashion\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.fyb.de\/en\/produkt\/customized-solution-finetrading-for-procurement-and-storage-of-children-fashion\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/customized-solution-finetrading-for-procurement-and-storage-of-children-fashion\/#primaryimage\",\"url\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2017\/07\/Pennanen.png\",\"contentUrl\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2017\/07\/Pennanen.png\",\"width\":334,\"height\":298},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/customized-solution-finetrading-for-procurement-and-storage-of-children-fashion\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.fyb.de\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FYB Shop\",\"item\":\"https:\/\/www.fyb.de\/en\/shop\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Tailor-made solution \u2014 Finetrading for the procurement and storage of children\u2019s fashion\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.fyb.de\/en\/#website\",\"url\":\"https:\/\/www.fyb.de\/en\/\",\"name\":\"FYB Financial Yearbook\",\"description\":\"For Your Business\",\"publisher\":{\"@id\":\"https:\/\/www.fyb.de\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.fyb.de\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.fyb.de\/en\/#organization\",\"name\":\"FYB Financial Yearbook\",\"url\":\"https:\/\/www.fyb.de\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.fyb.de\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/06\/logo.svg\",\"contentUrl\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/06\/logo.svg\",\"caption\":\"FYB Financial Yearbook\"},\"image\":{\"@id\":\"https:\/\/www.fyb.de\/en\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Tailor-made solution - Finetrading for the procurement and storage of children's fashion - FYB Financial Yearbook","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.fyb.de\/en\/produkt\/customized-solution-finetrading-for-procurement-and-storage-of-children-fashion\/","og_locale":"en_US","og_type":"article","og_title":"Tailor-made solution - Finetrading for the procurement and storage of children's fashion - FYB Financial Yearbook","og_description":"More and more women are foregoing children in favor of their careers. 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The company with 500 employees in Germany was founded in 1949 by Josef Kanz in Neufra, Swabia, as Josef Kanz GmbH & CO. KG. Since 2013, the business has been operating under the name Kids Fashion Group GmbH & Co KG. In the meantime, the brand portfolio has grown to 14 children's fashion labels; most recently, Kids Fashion GmbH acquired, among other things, the majority of shares in Bellybutton, the Hamburg-based fashion label that ex-model Dana Schweiger founded together with actress Ursula Karven and three other friends. \"In the fashion industry, pre-financing of purchases plays a significant role because merchandise is usually purchased before the season begins and the resulting revenue cannot be realized until several weeks or even months later. This may mean that a period of several months has to be bridged with interim financing. 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