De facto

Eaton Receives Two Grants From the Czech Republic, Continues to Expand Mobility Capabilities and Resources in Europe, Middle East, and Africa

Retrieved on: 
星期四, 三月 7, 2024

Intelligent power management company Eaton continues to expand its capabilities and resources in Europe, Middle East, and Africa (EMEA) with the recent announcements of two grants from the Czech Republic.

Key Points: 
  • Intelligent power management company Eaton continues to expand its capabilities and resources in Europe, Middle East, and Africa (EMEA) with the recent announcements of two grants from the Czech Republic.
  • View the full release here: https://www.businesswire.com/news/home/20240307921565/en/
    Eaton’s power distribution unit will be utilized in two electrified vehicle projects funded by grants from the Czech Republic.
  • Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere.
  • Eaton was founded in 1911 and has been listed on the New York Stock Exchange for more than a century.

DeFacto Joins United Nations Private Sector Forum as First Turkish Retail Brand

Retrieved on: 
星期二, 九月 19, 2023

NEW YORK, Sept. 19, 2023 /PRNewswire/ -- Global fashion brand, DeFacto, based in Türkiye, has been extended an invitation to join the United Nations General Assembly Private Sector Forum.

Key Points: 
  • NEW YORK, Sept. 19, 2023 /PRNewswire/ -- Global fashion brand, DeFacto, based in Türkiye, has been extended an invitation to join the United Nations General Assembly Private Sector Forum.
  • This prestigious event, by exclusive invitation only, provided DeFacto with a unique opportunity to share its initiatives aligned with the United Nations Sustainable Development Goals (SDGs).
  • The audience included notable individuals from the private sector, government officials, and representatives of civil society organizations.
  • This recognition not only placed DeFacto as the first Turkish retail brand to be part of this esteemed event but also underlines the global relevance of its sustainability efforts.

Defacto Closed a Securitization Fund up to €167M with Citi and Viola Credit

Retrieved on: 
星期三, 七月 12, 2023

Defacto, the French lender to SME by API, closed a securitization fund with Citi and Viola Credit for up to €167m.

Key Points: 
  • Defacto, the French lender to SME by API, closed a securitization fund with Citi and Viola Credit for up to €167m.
  • Citi will be the senior lender of the fund while Viola Credit has renewed its trust in Defacto by continuing its support as a mezzanine lender of the fund.
  • This new facility allows Defacto to continue its exponential growth with a yearly funding capacity of up to 1 billion euros.
  • The securitization fund of up to €167m will have an initial size of €67m, with increases subject to lender’s consent.

Fashion Company DeFacto attends ShopTalk2023 in Barcelona

Retrieved on: 
星期五, 五月 12, 2023

BARCELONA, Spain, May 12, 2023 /PRNewswire/ -- The global fashion company DeFacto participated in ShopTalkEurope 2023, held from May 9th to 11th, 2023 in Barcelona. Önder Şenol, Online General Manager of DeFacto, announced at the event that the company's JUMP UP project, which promotes digitalization, is expected to triple the company's productivity.

Key Points: 
  • BARCELONA, Spain, May 12, 2023 /PRNewswire/ -- The global fashion company DeFacto participated in ShopTalkEurope 2023, held from May 9th to 11th, 2023 in Barcelona.
  • Şenol explained that with the JUMP UP digital transformation project, DeFacto successfully combines the competencies of the DeFacto technology unit with the fashion company's know-how, achieving optimal synergy effects.
  • The company, which has been growing with an omnichannel marketing strategy since 2016, is now a global fashion company that generates 41% of its revenue from international activities.
  • DeFacto aims to provide its customers with a shopping experience that makes them "fall in love" and thus realizes its vision.

Fashion Company DeFacto attends ShopTalk2023 in Barcelona

Retrieved on: 
星期五, 五月 12, 2023

BARCELONA, Spain, May 12, 2023 /PRNewswire/ -- The global fashion company DeFacto participated in ShopTalkEurope 2023, held from May 9th to 11th, 2023 in Barcelona. Önder Şenol, Online General Manager of DeFacto, announced at the event that the company's JUMP UP project, which promotes digitalization, is expected to triple the company's productivity.

Key Points: 
  • BARCELONA, Spain, May 12, 2023 /PRNewswire/ -- The global fashion company DeFacto participated in ShopTalkEurope 2023, held from May 9th to 11th, 2023 in Barcelona.
  • Şenol explained that with the JUMP UP digital transformation project, DeFacto successfully combines the competencies of the DeFacto technology unit with the fashion company's know-how, achieving optimal synergy effects.
  • The company, which has been growing with an omnichannel marketing strategy since 2016, is now a global fashion company that generates 41% of its revenue from international activities.
  • DeFacto aims to provide its customers with a shopping experience that makes them "fall in love" and thus realizes its vision.

Global fashion brand DeFacto aims to grow in the European market with the new generation of its franchise model

Retrieved on: 
星期二, 十一月 29, 2022

The company is looking to grow in the European market with its franchise system, he elaborated, and furthermore described the details of the new generation of the model developed by DeFacto.

Key Points: 
  • The company is looking to grow in the European market with its franchise system, he elaborated, and furthermore described the details of the new generation of the model developed by DeFacto.
  • "At DeFacto we've managed to double our growth rate worldwide, both through our own investments and with our franchise partners.
  • As DeFacto favours the corporate base business model, we've developed a new generation of our franchise model, in place of the wholesale model that is common around the world.
  • Founded in 2005, DeFacto continues its operations with the vision of being global fashion brand.

Best Friends Animal Society Announces the Passing of Beloved Co-founder and Animal Welfare Pioneer Faith Maloney

Retrieved on: 
星期五, 八月 5, 2022

KANAB, Utah, Aug. 5, 2022 /PRNewswire-PRWeb/ -- It is with profound sadness that Best Friends Animal Society announces the passing of co-founder Faith Maloney, who passed away yesterday from ovarian cancer.

Key Points: 
  • Considered a pioneer in the animal welfare movement, Faith along with a group of friends built Best Friends Animal Sanctuary from the ground up in 1984.
  • They went to work building a sanctuary for abandoned and abused animals that would eventually become the country's largest no-kill sanctuary and headquarters of Best Friends Animal Society.
  • Best Friends Animal Society is a leading animal welfare organization working to end the killing of dogs and cats in America's shelters by 2025.
  • Best Friends runs lifesaving programs across the country, as well as the nation's largest no-kill animal sanctuary.

Defacto Secures €15M Led by Northzone With Headline, and GFC to Become Europe’s Largest API-first B2B Lending Platform

Retrieved on: 
星期二, 六月 7, 2022

Built with a Capital by API, not paperwork mindset

Key Points: 
  • Built with a Capital by API, not paperwork mindset
    Defacto provides loans and credit to SMEs via its embedded finance platform.
  • Its technology-first approach focuses on providing access to working capital to SMEs, a segment underserved by traditional actors, especially in todays adverse macro-economic environment.
  • Since its launch in France, Defacto built partnerships with over 15 leading B2B marketplaces, FinTech companies, and e-commerce businesses.
  • Thanks to a new 400M lending capacity Defacto is now rolling out its solution to Germany, the Netherlands, Belgium and Spain.

ABIL Urges Administration to Change "Buy American and Hire American" Executive Order

Retrieved on: 
星期二, 五月 15, 2018

WASHINGTON, May 15, 2018 /PRNewswire-PRWeb/ -- On April 18, 2017, President Trump signed the Executive Order entitled: "Buy American and Hire American."

Key Points: 
  • WASHINGTON, May 15, 2018 /PRNewswire-PRWeb/ -- On April 18, 2017, President Trump signed the Executive Order entitled: "Buy American and Hire American."
  • The Executive Order indicated that it "shall be the policy of the executive branch to rigorously enforce and administer the laws governing entry into the United States of workers from abroad."
  • The Executive Order is currently being applied to the H-1B Visa Program to de facto reinterpret this statutory language in a manner that not only departs from historical adjudication standards but is also inconsistent with the law.
  • The Alliance of Business Immigration Lawyers (ABIL) believes this approach is legally misplaced and practically shortsighted.