A fashion coup: Faconnable owner bids for Escada

There is a new player in the international bidding war for a European luxury brand.

The owner of Faconnable has emerged as one of the buyers likely to scoop German fashion house Escada out of bankruptcy, The Post has learned.

Beirut-based M1 Group, which purchased Faconnable from Nordstrom for $210 million in 2007, is looking to snag Escada this week against at least a...