ahler's news and archive

Ahler's downsizes management board, Götz Borchert resigns

Ahler's supervisory board has decided to reduce the management board again to a two-person committee. The company said in a statement that the supervisory board aims to respond to market-related challenges with lean structures and a high level of flexibility. As a result, the company added, Götz Borchert is leaving the management board of Ahlers...

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Management

Ahlers to cut 130 jobs as part of the company's turnaround plan

Ahlers Ag said through a statement that the declining sales of suits and jackets continued in Q3 2017/18 from June to August, which resulted in the Group’s sales revenues in the first nine months of the current fiscal year falling by a total of 11.7 million euros (13.4 million dollars) or 6.5 percent to 168 million euros (192.9 million dollars)....

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Ahlers Q1 revenues down 3.8 percent

Ahlers, in its first quarter report said that both - the industry figures and the company's own declining retail sales confirm the continuing difficult market environment for apparel in Europe. In addition, the company said, the first quarter was influenced by a shift of revenues from the first to the second quarter. Total group revenues...

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Ahlers full year revenues up 1.4 percent

In the financial year 2016/17, Ahlers Ag said, at 1.9 million euros (2.3 million dollars) group earnings after taxes were below previous year due to increased expenses. The company announced an unchanged dividend of 0.15 euro (0.18 dollar) per common share and proposed 0.20 euro (0.24 dollar) per preferred share. In the fiscal year 2016/17,...

Management

Ahler Group's premium brands post positive sales growth in Q3

Ahlers has announced that sales revenues of continued activities remained stable at 179.4 million euros (212 million dollars) during the third quarter of this fiscal year. The company added that the biggest contribution to this robust revenue trend was made by Pioneer Authentic Jeans as well as the Baldessarini and Pierre Cardin premium brands....

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Despite 23 percent fall in EBIT, Ahlers confirms full year outlook

At the nine-month stage, Ahlers said, sales revenues of the continued brands were stable but due to the discontinuation of the Gin Tonicand private label-business total revenues declined by 2.6 percent from previous year’s 184.5 million euros (219 million dollars) to 179.7 million euros (213 million dollars). Due to the shift in revenues,...

Management

Ahlers second quarter revenues grow 4 percent

Sales revenues at Ahlers for the second quarter rose 4 percent to 54.2 million euros (62 million dollars), which the company attributed to accelerated growth in core business and catch-up on postponed deliveries. The company said, just like the first quarter, the second quarter of 2016/17 also saw sales revenues of Baldessarini, Pierre Cardin...

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Ahlers reports 17 percent drop in Q1 earnings

Ahlers has reported 1.5 percent rise in adjusted sales revenue in the first quarter. The company expects stable sales revenues and slightly increasing earnings for the full year. Consolidated earnings after taxes declined by 0.6 million euros (0.63 million dollars) or 17 percent from 3.5 million euros (3.7 million dollars) to 2.9 million euros...

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Ahlers Q1 revenues decline, expects tough market conditions ahead

Total sales revenues of the Ahlers Group decreased by 1.5 million euros (1.7 million dollars) from 67.7 million euros (77.2 million dollars) to 66.2 million euros (75.4 million dollars) in the first three months of fiscal 2015/16. This 2.2 percent reduction in sales, the company said, is exclusively attributable to the reducing Gin Tonic...