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01/17/2007
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International Trade Fair for Body, Beach and Legwear
12th Innovation Forum Body, Beach & Legwear on 6 February 2007 in Düsseldorf
Successful Changeover – Business Successorship in Body, Beach & Legwear Firms
What happens in family-run businesses when the older generation goes into retirement? What steps have to be taken if you want to pass on the firm to the younger generation and secure a good future, too? What legal and fiscal aspects have to be taken into consideration? Is business successorship more a question of luck or risk? These and other issues will be at forefront of the 12th Innovation Forum Body, Beach and Legwear to be held on 6 February 2007 from 1.00 pm to 4.00 pm, this time under the heading “Challenge ‘Fashion SMEs’ – Passing on Body, Beach & Legwear Firms to the Next Generation Today and Tomorrow, a Question of Honour, Money, Markets and Commercial Viability“. With this year’s overlap with SIL in Paris BODY LOOK organisers, the Igedo Company, have decided to schedule this Innovation Forum on the afternoon of the last day of the BODY LOOK fair to allow as many visitors and exhibitors as possible to attend this sectoral platform that is unique throughout Germany. The Innovation Forum at BODY LOOK traditionally focuses on current burning issues. Renowned speakers in February will be giving participants from the trade and industry new perspectives and insight into the topic of ‘business successorship’. “This issue of ‘business successorship’ is currently relevant for one in three lingerie/underwear retailers. Finding effective successors to carry the business on is, in fact, fundamental to the future of SMEs. The experts we have invited are sure to give participants at the Innovation Forum many new ideas and solutions to take away with them,” explains Sabine Schommer, Project Manager at BODY LOOK. The provisional programme of the 12th Innovation Forum runs as follows: in his word of welcome Igedo Managing Director Frank Hartmann will discuss the continuing structural changes affecting the trade and industry and will talk about the role of business successorship in the success of SMEs. Hermann Fuchslocher from corporate consultants hfu Unternehmensberatung will continue to elaborate on this topic using current market data. This will be followed by a panel discussion chaired by Sabine Schommer dealing with the legal issues in 2007, social conditions, economic consequences as well as all other issues SMEs must and should keep in mind when passing on the business to the next generation. The experts sitting on the panel are: Dr. Reinhard Nacke, Tax Lawyer, Wilfried Weist, Auditor and Tax Advisor, Professor Wolfgang Schulhoff from the Düsseldorf Chamber of Skilled Trades, Claudia Rüdinger, Managing Director and Owner of various retail stores as well as Heinz Horn, Managing Director of the corsetry specialist Felina and President of the Central Federation of the German Knitwear Industry (Gesamtverbandes der deutschen Maschen-Industrie). Naturally, the audience will also be invited to join in the debate. An equally eminent guest to follow the panel discussion and bring the Innovation Forum to a close will be Dirk Niebel, German MP and General Secretary of the Free Democratic Party (FDP) who will be discussing the state of German SMEs in his concluding lecture. Due to the altered time of the Innovation Forum the Igedo Company will be inviting participants to a buffet luncheon from 1.00 pm instead of the traditional evening event. The 12th Innovation Forum Body, Beach und Legwear will be held on Tuesday, 6 February 2007, from 1.00 pm to 4.00 pm in CCD Ost, Room M, at the Düsseldorf Exhibition Centre. Admission is reserved exclusively to representatives from the sector. Participation fees stand at Euro 50.- for representatives from the retail trade and Euro 100.- Euro for representatives from the industry. To register participation please call 00 49 (0)211-4396317 or send an e-mail via body-look@igedo.com.
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(Source: Modemedia)
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