Secoo.com Announces the Completion of Around 100M in New Financing: Brings Fifth Avenue to China

BEIJING, July 28, 2014 /PRNewswire/ — Secoo.com, China’s largest luxury and high-end fashion e-commerce company, recently announced the completion of a new round of financing that has raised around US$100 million. The event represents the largest amount of financing raised in one round across the Chinese luxury and high-end fashion e-commerce sector to date.

The financing was led by CMC Capital Partners, with the participation of IDG Capital Partners, Ventech China, Crehol Capital (Mulliez Family Fund), and Vangoo Capital. Silicon Valley Bank also provided a credit line valued at several tens of millions dollars to the company.

According to China Luxury Market Study 2013 released by Bain & Company, Chinese consumers spend 350 billion yuan (approx US$55 billion) buying luxury products annually, about two thirds of which are spent in overseas purchases. As the leading luxury and high-end fashion e-commerce firm in China, Secoo responded to this market trend, providing Chinese high-end consumers with “one-stop” professional luxury services, from the identification, appraisal and sale of luxury products to after-sales maintenance and auction sale of luxury goods. As a result of years of dedicated operations, Secoo now has more than 3 million high-end members and has received acclaim and recognition from the capital market.

Secoo now sells products from hundreds of top international brands. After having formed strategic alliances with several European, American and Japanese name-brand luxury retailers, as well as making available a collection of the most comprehensive and newest limited luxury products worldwide, Secoo.com is already the largest online sales platform of luxury products and high-end fashion products in China. The firm has also established the largest luxury identification, appraisal and maintenance service center in the country, with off-line clubs dotted across mainland China, Hong Kong and Tokyo. Secoo is in the midst of opening more off-line experience clubs in Milan, New York and Paris.

Secoo CEO Li Rixue said, “The funds will mainly be used in our global strategic layout and overseas business expansions, as well as higher budget in marketing, developing its information technology infrastructure. In the future, we will try our best to meet the demands of high-end clients, both in mainland China and abroad, providing them with authentic, seasonal, and desirable luxury products.”

www.secoo.com 
zhuxiaoxuan@secoo.com

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AIRWAYS AVIATION to Launch New Pilot Training Foundation Program

LONDON, July 28, 2014 /PRNewswire/ — AIRWAYS AVIATION announces the launch of its bespoke Pilot Training Foundation program in the United Kingdom, Australia, Malaysia, the United Arab Emirates, Montenegro, Jordan and Lebanon.

The new aviation theory classes will commence almost simultaneously in the various locations and provide students, interested in pursuing a career opportunity as a commercial pilot, a unique competitive edge and a critically important initial study pathway especially for those requiring extra help & support.

(Photo: http://photos.prnewswire.com/prnh/20140728/697910-a)
(Photo: http://photos.prnewswire.com/prnh/20140728/697910-b)
(Photo: http://photos.prnewswire.com/prnh/20140728/697910-c)

Classes for aspiring commercial pilots will commence between September 1st and October 20th 2014. A tailored curriculum has been professionally designed and written to provide prospective students a soft introduction while simultaneously maintaining a robust and practical launch into commercial pilot training.  The Airways Aviation curriculum is based on both European (EASA) and Australian (CASA) requirements and subject matter incorporates substantive introductions to all of the key disciplines including Aviation English, Aerodynamics, Navigation, Meteorology, Human Performance, Flight Rules and Air Law, Aircraft general Knowledge and Operations, Performance and Planning

Importantly, the course material and ultimate practical training programs are designed with a strong emphasis on supporting the specialised Aviation English elements continually during the entire study program. Airways Aviation intends to provide as wide a range of prospective students as possible, both male & female from varying nationalities, an equal opportunity to enter the aviation industry as commercial pilots.

“Our education & training model is designed to open up the possibility of a career as a commercial pilot to as many prospective students as possible but with particular focus on those whom have a passion and interest but had previously believed it was somehow beyond their ability to become a pilot.  We have been able to design a program that simplifies and demystifies the pathway by breaking down the key theory concepts & principles and then delivering the course in a clear, concise and easily managed method,”  said Romy Hawatt  Airways Aviation Global CEO

Successful completion of the Foundation course will provide students a further opportunity to transition on to finalise their commercial theory and simultaneously undertake their practical Aeroplane and/or Helicopter flight training at one of the Airways Aviation bases in Australia, the United Kingdom or Montenegro.  Airways Aviation are also currently seeking further expansion into Germany, Holland and Jordan with more study & training destinations to come on stream in the not too distant future.

Over the next 20 years Boeing & Airbus project a demand in excess of 35,000 new passenger & freight aircraft with each of these requiring numerous flight crew and a multitude of other support resources. With the expansion and upgrading of airline fleets globally, Airways Aviation is tracking growth and closely monitoring the current and projected aviation industry needs as key indicators of future pilot demand.

“Airways Aviation is primarily an education & training group that operates at the highest international standards.  We will continue to work hard to maintain and increase our competitive advantage and global positioning whilst still being nimble and adaptable enough to be able to operate on a very localised basis from country to country. Our business model is unique and differentiates us in a number of ways from our competitors. This shows particularly with the way we are better able to accommodate our international students needs from recruitment through to pilot training & graduation. The Airways Aviation Group is tracking according to plan and we will continue to posture and train commercial pilots to the highest standards to help meet the accelerating demands of the aviation industry world-wide,” added Romy Hawatt – Airways Aviation Global CEO.

AirwaysAviation.com

Learntofly@airwaysaviation.com

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“New World Facilities Management — Youth Square Management Experience Programme” Successfully Held Let Youths Experience Workplace and Plan for Career

HONG KONG, July 25, 2014 /PRNewswire/ — “New World Facilities Management — Youth Square Management Experience Programme” (Programme) was successfully held. A total of 8 Form 4 and 5 students from 7 schools in Hong Kong have finished the 5 half days experience programme in Facilities Management Department and Y Loft of Youth Square and received the certificates.

In line with Youth Square’s 6G guiding principle, namely, Groom, Grow, Glow, Give Back, Green and Global Vision, the Programme provides students with opportunities to learn about the management and operation of facilities and hostel, deepen their knowledge about the industry and explore their interest in the related job positions. It also provides a learning environment for students with guidance of experienced supervisors to nurture self-confidence, strengthen communication skills and foster correct work attitude.

Nearly 50 applications from 21 secondary schools have been received for the Programme. An Interview Day was held on 8 July 2014 and 8 applicants have been selected by New World Facility Management Company Limited (NWFM) and the Education Bureau to participate in the Programme to experience the management and operation of Facilities Management Department and Y Loft of Youth Square for 5 half days between 16 to 17 July and 21 to 23 July. A career talk conducted by professional social worker from St. James’ Settlement on career planning has also been arranged for all applicants to help them understand the workplace needs, identify career paths, enhance self-confidence and equip them for future career development.

“Youth Square is a place full of challenges, energy and opportunities. Participating in the Programme enables me to apply what we learn in the school to the workplace, and the unique experience and exposure also helps me to further understand oneself and my career aspiration and planning. The Programme is indeed an invaluable opportunity to me,” Mr. Anson Chui, who experienced in Y Loft, said. While Ms. Michelle Chan, who experienced in Y Loft. mentioned, “Youth Square is a very good concept; it is a platform for the youth to develop while providing a whole range of facilities to unleash our potential. The Programme equips me for the future by learning more on the professional and job requirement of the relevant field.”

In addition, NWFM will conduct next round of “Visits to Youth Square and Y Loft” activities in the next academic year. Through visiting Youth Square and Y Loft which are managed and operated by NWFM, students are able to know more about the company profile and business nature, as well as daily operation of facilities management and Y Loft. NWFM’s staff will also share their career development experience with students to let them learn more about the industry. Please refer to the website of NWFM www.nwfm.com.hk for the details of next round of visit activities to be held in the next academic year.

Youth Square has been embracing the mission of youth development. This year, NWFM which manages and operates the Youth Square has participated in the “Business-School Partnership Programme” (BSPP) conducted by the Education Bureau for the first time. It provides a series of activities including “New World Facilities Management — Youth Square Management Experience Programme” and “Visits to Youth Square and Y Loft” to let youths experience workplace and plan for career.

Students in Y loft are learning hostel reservation system with guidance of supervisor.
Students in Y loft are learning hostel reservation system with guidance of supervisor.

Photo – http://photos.prnasia.com/prnh/20140725/8521404232

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EOS GmbH: 25th Anniversary, Move Into New Technology and Customer Centre at Krailling Headquarters

KRAILLING, Germany, July 25, 2014 /PRNewswire/ —

EOS Additive manufacturing (AM) now allows industrial applications in series production

Cross reference: Picture is available via epa european press photo agency (http://www.epa.eu)

EOS, the technological and market leader in design-driven, integrated e-manufacturing solutions in the field of Additive manufacturing (AM), has now moved into its new Technology and Customer Centre in the Krailling Innovation Mile (KIM). Dr. Hans J. Langer, founder and CEO of EOS comments: “This new building represents a further milestone for EOS and is an expression of our company’s growth and success story over the last twenty-five years. We operate in a market that is highly dynamic and which offers a huge potential. In the past we almost exclusively served the area of Rapid Prototyping, whereas now, Additive Manufacturing enables industrial applications in series production. This new building gives us more space in which to grow, allowing EOS to continually adapt to new market conditions and customer segments. Moreover, the new customer centre gives us the spatial flexibility we need to allow us to jointly develop current and future application solutions in Additive Manufacturing together with our customers.”

And Christian Kirner, the company’s COO, stresses: “With a floor space of 17,000m², the building is able to accommodate an additional 300 employees, while its design follows specific architectural, spatial and workplace concepts. The architectural concept renders the three key principles of the company’s business strategy – innovation, quality and sustainability – both visible and tangible. The facility operates on the basis of an integral, sustainable energy concept. In this way, the EOS building concept already complies with the requirements of tomorrow – apt reflection of the nature of the technology offered by EOS.”

Contact:

Stephanie Cheong, Marketing Manager EOS Singapore Pte. Ltd. (phone +6564300541, e-Mail: Stephanie.cheong@eos.info), visit our website and youtubechannel.

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EQT Mid Market acquires compliance and integrity service provider Dataflow

HONG KONG, July 25, 2014 /PRNewswire/ — The EQT Mid Market fund (“EQT Mid Market”) yesterday acquired Dataflow Verification Services Limited (“Dataflow” or the “Company”) from the founders. Dataflow is a leading provider of immigration compliance and credential verification service to governments, government-sanctioned authorities and private institutions.

Dataflow was founded in 2006 and is headquartered in Hong Kong. The Company has operations in the Gulf Cooperation Council (GCC) region, India, Jordan, Singapore and Malaysia, and has a team of around 450 experts and researchers. Dataflow helps clients to conduct primary source verification (PSV) on credentials of highly skilled professionals, for example doctors, nurses or engineers, as part of mandatory immigration and credentialing programs, and processes more than 200,000 applications annually from 168 countries. Dataflow has relationships with over 25,000 issuing authorities such as schools, universities and other professional bodies around the world.

The global demand for highly skilled specialists across industries and sectors has led to a rise in the movement of labor throughout the GCC region as well as between other countries in the world. The movement of skilled and highly educated labor has increased the demands for PSV services in order to avoid recruitments based on fraudulent credentials.

Following the growing requirements for PSV services, Dataflow has established a leading market position in the GCC region with high customer retention. Dataflow offers its clients tailored PSV services with high integrity and quality which are scalable, cost efficient and provide a quick turnaround time. The globalization and the continued movement of labor is expected to offer substantial growth opportunities in both existing and new clients and countries.

Mr. Douglas Nairne, Co-founder and Chief Executive Officer of Dataflow, said: “EQT Mid Market is an ideal partner as Dataflow plans to grow and expand further. EQT has an industrial and hands-on approach and we share the vision of creating value for our stakeholders and the communities we protect. We are excited to work with EQT and their network of Industrial Advisors. Together, we will continue to deliver superior services to our clients and serve and protect the communities they represent.”

“We are impressed by the high quality of Dataflow’s compliance and integrity service offering. The management team has achieved to position Dataflow as a true leader and EQT looks forward to deploying its global resources to support its growth and development strategy further,” says Tak Wai CHUNG, Partner at EQT Partners, Investment Advisor to EQT Mid Market.

The parties have agreed to not disclose the transaction value.

Contacts:

Tak Wai CHUNG, Partner at EQT Partners, Investment Advisor to EQT Mid Market, +852 2801 6823

Johan Hahnel, EQT Mid Market Spokesperson, +46 706 05 63 34

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