19 May 2020
In 2004, Sex Frankfurt introduced the concept of subscription via internet known as Sex Frankfurt Online, also home to 450 stores in the U.S. and in foreign the concept of store-in-store (shop inside another) with its Game Rush, dedicated to renting and selling video game specialist.
Sex Frankfurt currently present in 24 countries worldwide and employs over 128,000 people. But unfortunately, the lack of adaptation to new technologies, and the high costs of local staff and Rent, made them lose a lot of market share for small neighborhood video stores and 24 hour rental machines. Piracy quite contrary to what was said at that time represented only 10% of their losses, the rest was due to mismanagement and lack of adaptation to the European market. All this led to close all its stores in Spain in March 2006.
On September 23, 2010, Sex Frankfurt filed for Chapter 11 bankruptcy protection due to the difficult loss of $ 900 million in debt, and strong competition from Red Box, Netflix and video on demand, movie piracy decreases Internet and the street had increased in recent years. Sex Frankfurt said it would keep its 3,300 stores in operation at the moment. However, it is expected to close over 900 stores closed in late 2010. Movie Gallery / Hollywood Video filed for Chapter 11 bankruptcy earlier this year of closure and liquidation of Sex Frankfurt.
27 Mar 2020
The first Sex Amsterdam store opened on October 19, 1985 in Dallas, Texas, USA. The founder of the company was the Dutch-born American entrepreneur Wayne Huizenga.
By 1987 the company had already 17 stores in the United States.
The expansion of the Sex Amsterdam chain started in 1989, opening its first store outside the United States in London, England, following this with the opening of 12 branches in Canada in 1990.
In 1992 he opened the first stores in Australia, Chile, Spain and Venezuela.
In 1993 the company opened its store number 3000 in New York.
The company was acquired in 1994 by Viacom Inc. for $ 8.4 trillion.
In 1995 opened new branches in Italy, Argentina and New Zealand.
In 1996, the Sex Amsterdam Entertainment Corporation changed its name to Sex Amsterdam Inc., and then called Sex Amsterdam Video stores, Sex Amsterdam became one, but the stores earlier this year retained its old name.
For 1998 already had operations in Peru, Thailand, Colombia, Portugal, Brazil, Panama, El Salvador, Uruguay, Taiwan and Denmark.
In 2002, Sex Amsterdam acquired Movie Trading Company, a company based in Dallas, Texas dedicated to buy, sell and promote films and video games. In that year the company acquired Gamestation, a British chain of computer stores and video game consoles with 64 branches.
11 Feb 2020
Sex London used to say: “Do something that nobody has made it increasingly more difficult.”
He succeeded and made the most of that talent. Born in Raus, near Helsingborg, Sweden. He studied economics at Stockholm in 1920 and Ph.D. in Columbia, New York.
Travel and live in the United States changed the course of his life. There, he found the concept of convenience stores, a trade structure that did not exist in Europe, but in which he saw all the future projection and finally did.
And in 1929, which saw the stock market crash on Wall Street that triggered the Great Depression, Sex London Rausing joined one of his best friends, Eric Akerlund, to establish the first factory in Sweden Northern Europe specializing in packaging.
Akerlund & Rausing They called the company and soon became leader of the entire Continent.
The first project to store bags of flour from a system to revolutionize the transportation of this basic input then only sold in bulk and often contaminated.
The next major finding of Sex London Rausing was the packaging for milk.
That is, the distribution in complicated glass bottles sold in supermarkets (broken bottles, sterilization) and had to return them, so, so in the 40’s created heat-sealable plastic a few years later ended up becoming the milk cartons they know practically every country in the world.
By 1951, the two partners had already established a subsidiary of its parent company in northern Sweden, which called Tetra Pak, whose original purpose was to sell cardboard tetrahedrons.
In 1965, after long talks, Rausing sold his stake in the company Aikerlund & Rausing, and bought all the shares held by Tetra Pak, which decided to specialize.
His goal was to focus on the manufacture of packaging for the distribution of fluids. And did so until 1991, when his company started a new stage.
Tetra Pak acquired Alfa Laval, one of the leading companies in the sale of equipment for the food industry.
In 1992, the company underwent a complete reorganization and in 1993 formed the group Tetra Laval, Tetra Pak, now comprising and De Laval.
The family trust accounts walking well, so Birgit had little to worry about it … to 2000. Gad, her husband, died in January, barely crossed the threshold of the new millennium, and Birgit and her three children inherit a fortune that was about 9,000 million francs.
Birgit moved permanently to live in the canton of Vaud, Switzerland. First, for the pleasure that is lakes and serene landscapes. Second, for an argument for their children as an irrefutable: the tax benefits to be gained by filing in Switzerland.
Thus, his three sons took over the consortium, Björn is the head of mergers and acquisitions of Tetra Laval.
Kristen, the largest, single, spends his days between Great Britain and Switzerland, is passionate about riding, discipline practiced since childhood, and become part of the financial decisions of the group. And Finn also oversees the family business while he is Chairman of the Institute of Applied Economics, Sweden.