Ahlers Q2 revenues decline by 58 percent
In the second quarter, revenues at Ahlers fell by 26.8 million euros or 58 percent to 19.5 million euros since between March and May, clothing stores across Europe had to be closed because of the coronavirus pandemic. The company said in a statement that revenues for the first six months fell by 33 percent or 34.6 million euros to 70.7 million...
8 Jul 2020
Ahlers posts 33 percent drop in H1 revenues
In the first six months of the current fiscal year, revenues at Ahlers Ag dropped by 33 percent to 70.7 million euros since due to the coronavirus pandemic, clothing retailers throughout Europe closed their stores between March and May 2020. The company said in a statement that a set of earnings and efficiency increasing measures as well as cost...
24 Jun 2020
Ahlers posts 13.2 percent drop in Q1 sales
Sales revenues in the first quarter of 2019/20 at Ahlers Ag, the company said, were mainly influenced by the discontinuation of sales of Pierre Cardin and Pioneer ladies’ trousers as well as Jupiter jackets, which sent sales revenues falling by 3.2 million euros or 5.4 percent. Moreover, the company added, delayed jeans deliveries amounted to...
7 Apr 2020
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,...
24 Mar 2020
Ahlers expects restructuring measures to boost earnings in 2020
In the fiscal year 2018/19, Ahlers Ag said that the group’s revenues were influenced by two major factors - discontinuation of sales of Jupiter jackets as well as Pierre Cardin and Pioneer ladies’ trousers, which resulted in sales revenues falling 6 million euros. Moreover, the company added, declining sales of suits, blazers and outdoor jackets...
28 Feb 2020
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...
14 Oct 2019
Pierre Cardin honored at the Brooklyn Museum
The Brooklyn Museum opened a retrospective on Pierre Cardin this weekend. Appropriate to the space age themes seen in the fashion designer's work, the exhibition was planned to open in time with the 50th anniversary of the Apollo moon landing. Titled "Pierre Cardin: Future Fashion," the exhibition showcases all seven decades of Cardin's career,...
22 Jul 2019
Video: Brooklyn Museum's tribute to Pierre Cardin
Pierre Cardin is one of the most acclaimed and successful fashion designers and businessmen in France—and the world. A master tailor of haute couture, he risked his career and reputation to launch a ready-to-wear line in 1959. In the process, he democratized fashion, bringing good design to a broader public. Source: Brooklyn Museum, YouTube.
22 Jul 2019
Ahlers chairman Carl-Heinz Heuer resigns amid disappointing full year results
After serving on the supervisory board of Ahlers AG for almost 18 years, of which 16 years as its Chairman, Carl-Heinz Heuer has decided to step down from office after the 2019 annual shareholders’ meeting. The company said in a statement that after downsizing the company’s management board in December 2018, Heuer has also suggested to reduce...
7 Feb 2019
Richard Liewald joins the sportswear design team of Pierre Cardin
Ahlers Ag has announced the appointment of Richard Liewald as Product Manager to strengthen the sportswear division of Pierre Cardin. The company said that the fashion designer joins the business from the Holy Fashion Group, where he spent the past four years working for Strellson's leatherwear, outerwear and coats division. "Liewald will give...
31 Jan 2019
Video: I am thinking of Pierre Cardin
The architect of the body, Pierre Cardin, is featured in a major retrospective at SCAD. Source: Matthew Miller, SCAD, Vimeo
14 Jan 2019
Looking to break the fashion system: revolutionary or continual consistency?
Fashion commentators are almost unanimous: the current system is obsolete,fashion is dead,everything must change, etc. The following thoughts all stem from the same basket of eggs: pressure on artistic directors, too great number of collections to digest, and in particular the fact that fashion weeks as they are currently conceived are outdated....
12 Feb 2016