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Breuninger, a German fashion and lifestyle company, is taking over Konen Bekleidungshaus, a long-established fashion firm with stores in Munich and Luxembourg. A corresponding.
Breuninger expands in Munich and Luxembourg
Fashion stores KONEN and BRAM become part of Breuninger
Stuttgart, May 31, 2021 – APA OTS - Breuninger, a Stuttgart-based fashion and lifestyle company, is taking over KONEN Bekleidungshaus GmbH & Co. KG, a long-established fashion firm with stores in Munich and Luxembourg. A corresponding agreement, which has yet to be checked by the Federal Cartel Office, was signed at the end of last week. Breuninger’s move once again underscores its optimistic outlook for bricks-and-mortar retail and the company’s commitment to its long-term strategy.
The acquisition of KONEN Bekleidungshaus GmbH & Co. KG will expand Breuninger’s current presence of 11 stores to 13 stores by KONEN in Munich and additionally, BRAM in Luxembourg will mark its first international bricks-and-mortar store.
Innovative business awarded Oscar of the tech industry
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Breuninger-funded start-up autoRetouch wins prestigious Cloud Award
Good news from the USA: The Breuninger-funded start-up autoRetouch GmbH was named most promising start-up of the year at this year s Cloud Awards. Less than a year after it was founded, the young company convinced the expert jury with its innovative, AI-based image editing technology and successfully prevailed against an international field of applicants.
Cloud Awards Winner 2020/2021
Hundreds of technology companies from America, Australia, Europe and the Middle East compete annually for the prestigious Cloud Awards, the Oscars of the tech industry . Less than a year after it was founded, the Stuttgart-based company autoRetouch has now been awarded the coveted most promising start-up of the year prize at this year s Cloud Awards.
autoRetouch raises €3.2 million enabling anyone to edit lifestyle and fashion product images in seconds
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EU retailer invests in automated AI-powered platform that significantly reduces image editing time and cost. General access to industry first: patent-pending ghost mannequin editing technology seamlessly merges two raw apparel images while removing physical bodies.
autoRetouch s industry-first Ghost Mannequin effect, automating image editing
Brands using autoRetouch have seen up to 90% cost savings due to the efficiency gains from moving repetitive image editing work to AI. STUTTGART, Germany (PRWEB) January 28, 2021
autoRetouch - the AI-powered image editing platform - has announced seed funding of €3.2 million, with 140-year old European apparel retailer Breuninger leading the investment. autoRetouch, powered by artificial intelligence more sophisticated than the current image editing stand