As one of the leading international broker and web solution service providers for the textile and clothing industry, we have created transparency and structure in the market. So that we can expand our leading market position, we must refine, expand, and adapt our palette to your desires on a daily basis.

For this reason, your trust is important to us. So that you have a good feeling about the conclusion of your business, we want to arrange our anonymous, virtual company in a somewhat livelier manner. We know that personal contact is very important to you in your branch. Therefore, we are always available for you.

Under this category, you will be able to find all information about the development of Fashion-x-Change AG in the future. In the following, we document our important milestones, present our new services, and introduce our new cooperation partners to you. Transparency is a part of our business philosophy. Learn the benefit of the Internet from us and adapt your business policy to this end.

For this reason, we look forward to successful cooperation.

Sincerely,

Your Fashion-x-Change Team

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The history of Fashion-x-Change AG:

12/06/2000

Fashion-x-change bets on quality

The online broker expands its palette of services and offers worldwide quality assurance with "ITS" (www.itslabtest.com), Bad Homburg. As a global company with 400 offices in 80 countries, ITS has many years of service and branch experience. There is especially a need for meaningful quality guarantee in the trade with remaining stock and excesses. The clients of fashion-x-change will have the opportunity in the future to have the goods checked by ITS before the purchase. With this, fashion-x-change takes another step toward making remaining stock trade "socially acceptable". Fashion-x-change guarantees future transparency, security, and efficiency in clothing trade. As of January, Alexander Scholz assumes the newly created function of the CTO in the Munich online broker. His task is to further develop the functions of the platform. Scholz was formerly employed as the senior adviser for E-Business solutions of B2B market places.

11/01/2000

fashion-x-change initiates a content partnership with Tomorrow-Internet AG

The online broker expands its platform to include selected, branch-specific information from Tomorrow, Amica, and VWD. Under fashion info, clients will receive useful information from the world of fashion in the future. This is the starting shot to establish the area of information as a profit-bringing business area. In the first phase, the contents serve as a customer-binding instrument. For the medium term, the offers will be expanded by a chat room, employment ads, and a financial column. Over the long-term, fashion info will establish itself on the platform as "vertical". After 2001, the business partners of fashion-x-change will have the chance to use individual sites as advertising media-in addition to fashionfair.

10/04/2000

Fashion-x-change uses an auction platform as a new marketing pathway

In the future, fashion-x-change AG will expand its market place with an additional sales channel. The online broker will use the auction platform of Offerto.com GmbH with its B2C-competency as an additional marketing pathway for its list of B2B clients. With Offerto.com, fashion-x-change makes it possible for final customers and retailers to auction smaller amounts of high-fashion trend products. In the "Power-Shopping" column, purchasing pools can also procure quality goods under favorable conditions. With this business model, manufacturers, suppliers, wholesalers, and retailers are given the opportunity to make their own decisions regarding sales pathway of their goods. fashion-x-change assumes the logistics and the organization of the goods shipping.

09/12/2000

Fashion-x-change obtains its first big client

Euro Trading UK wants to handle its marketing in Germany through fashion-x-change in the future. The englisch wholesaler wants to generate an annual turnover of 10 million German Marks through the platform of fashion-x-change. The offer includes the brands of Tommy Hilfiger to Ralph Lauren.

09/11/2000

Fashion-x-change initiates a partnership with Kamino

In the future, fashion-x-change AG and Kamino AG will ensure a professional logistics solution for the checking and intermediate storage of traded products of fashion-x-change AG. Kamino International, a global transport and logistics provider, offers a service product with Cyberlogistics, which guarantees a fast and cost-effective marketing possibility with additional quality assurance. Clients of fashion-x-change AG can store their samples with Cyberlogistics effective immediately. In the case of an email sample inquiry to fashion-x-change, a send order is automatically received by Cyberlogistics and the sample is sent to the interested party (within 24 hours for inland inquiries). This saves the salesman time and a great deal of organizational effort.

09/07/2000

Article volume increases

The platform has a total goods volume of more than 3 million articles. This is an increase of more than 150% over last month. This is equal to a goods value of over 11 million German Marks.

08/18/2000

Fashion-x-change bets on Europe

Since 08/18/2000 the trade platform is also cleared for four additional languages. In the future, offers and requests will be able to be called up in Spanish, Portuguese, Italian, and French. Thanks to the immediate synchronous translation function, all entries in one language are immediately translated into all other available languages.

08/15/2000

Bayerische Landesbank offers a new B2B trust model.

In order to guarantee the secure handling of transactions between purchasers and sellers, the marketplace palette of fashion-x-change AG was expanded to include a clearing function. Effective immediately, all business dealings will be handled through the newly designed B2B trust model of Bayerischen Landesbank. In the year 2001, the service is also available throughout all of Europe in various languages.

08/05/2000

Trade through the platform is also possible in English as of today.

07/23/2000

Start of the documentary serices "Arcisstraße 32" in the financial newspaper Euro am Sonntag about the business development of Fashion-x-change AG.

07/08/2000

Official entry into the commercial registry is confirmed.

07/17/2000

Start of the fashion info: fashion-x-change's information and communication platform of the textile trade. First press report of the TW-Network about the start of our "Trading Company".

Space-Net becomes a new service provider. The financial paper "Euro am Sonntag" plans a documentary series about the development of Fashion-x-Change from startup to hitting the stock exchange. Meetings with potential financial partners enter the second phase.

07/01/2000

Moving into the business rooms on Arcisstraße in Munich.

06/15/2000

Start of the German version of Fashion-x-change.com. Bogner, Rene Lezard, Tom Tailor, Cerruti 1881, and Hinrichs present their companies in the area of fashionfair.

05/03/2000

Machutt and Mayert found Fashion-x-Change AG. The preperations for the online appearance are at full steam. The planned start is 06/15/2000.

04/01/2000

The name Fashion-x-Change is protected by the German Patent Office as a brand name.

An ideal technology partner was found in websphere media GmbH.

03/01/2000

After a good start with "Bekleidungsboerse", Machutt finds an ideal partner in Christian Mayert. Their goal: international expansion. After a brief period of consideration, both decide to expand the concept and change the name. This was the birth of Fashion-x-Change. The domain www.fashion-x-change.com-/de was secured.

End of December 1999

Bekleidungsboerse.de goes online. With ads in specialized magazines, the new idea creates a great amount of interest in the branch.

End of November 1999

An idea is born: Dirk Machutt recognizes the difficulties of marketing remaining stock and other textile goods and begins with the planning of a virtual marketplace. Bekleidungsboerse.de is created.