Ahlers news and archive

Pierre Cardin and Ahlers AG fined 5.7 million euros

French fashion house Pierre Cardin and its largest licensee Ahlers AG are to be fined 5.7 million euros by the European Commission for anti-competitive agreements. Pierre Cardin must pay an amount of 2.23 million and Ahlers AG 3.5 million euros. The European Commission reported that between 2008 and 2021, the two concluded several...

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Pierre Cardin and Ahlers under investigation for possible EU competition breach

The European Commission has announced it has launched a formal antitrust investigation into Pierre Cardin and its licensee the Ahlers Group. The inquiry will assess whether the duo has breached EU competition rules by restricting cross-border and online sales of Pierre Cardin products, as well as the sale of products to specific customer groups....

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Ahlers withdraws sales and earnings growth forecast amid COVID-19 concerns

The management board of Ahlers Ag has announced withdrawal of the forecast for the fiscal year 2019/20 due to impact of the coronavirus situation on its business. The company said in a statement that major burdens are expected, which will reduce sales revenues and earnings in the current fiscal year. The company added that in the first quarter,...

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Ahlers' cost saving efforts boost Q3 earnings

Ahlers Ag has announced through a statement that the group’s third quarter revenues dropped by 5.1 percent or 2.9 million euros to 54.3 million euros (59.8 million dollars), primarily due to the discontinuation of activities. At 51.9 percent, the gross profit margin was on a par with the previous year, while operating expenses reduced by 8.5...

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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,...

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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,...