Escada (USA) Inc. is the U.S. distribution subsidiary of ESCADA AG, a Munich-based luxury fashion house founded by Margaretha and Wolfgang Ley in 1974, offering women's apparel and accessories under the ESCADA and ESCADA Sport labels. Headquartered at 1412 Broadway in New York, the company operates 26 owned retail stores and 13 outlet locations across the U.S., with wholesale distribution through Neiman Marcus and Saks Fifth Avenue. As of August 2009, Escada (USA) employed 239 people, with the U.S. representing approximately 21% of total ESCADA Group global revenues in fiscal 2008.