Ahlers (company)

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Ahlers AG

logo
legal form Corporation
ISIN DE0005009740
founding 1919
Seat Herford , Germany
management Stella A. Ahlers , CEO
Number of employees 2,145 (2017/2018)
sales 223 million euros (2017/2018)
Branch clothing
Website ahlers-ag.com
As of November 30, 2018

Ahlers in Herford-Elverdissen

The Ahlers AG is a listed men fashion maker in Europe. The company's headquarters are in Herford - Elverdissen . Another location with offices and storage capacity was opened in 1998 in the Diebrock district of Herford.

Brands

Ahlers sells clothing under four brands, for different target groups and price segments. For this, the company holds licenses from Pierre Cardin and owns the other brands:

  • Pierre Cardin (license since 1992)
  • Otto Kern (brand gradually bought from 2000, 100% since 2011)
  • Baldessarini (bought by Hugo Boss in 2006)
  • Pioneer Authentic Jeans (own brand since 1970)
  • Pioneer Jeans & Casuals (own brand since 1977)
  • Pioneer Workwear (own brand since 1971)

Former brands

  • Jupiter (bought in 1987, discontinued the sportswear brand in 2018)
  • Jupiter Shirt (spun off into a joint venture in 2010 , share 49%)
  • Eterna Mode (bought in 1996, sold to Frankfurt-based financial investor Alpha Private Equity in2006 for EUR 120 million)
  • Gin Tonic (bought in 1999, discontinued the leisure brand at the end of 2015)

history

Historical logo

The group, which has appeared as the Ahlers Group in recent years, was founded in 1919 as a cloth wholesaler by Adolf Ahlers in Jever . After moving to Oldenburg iO in 1925, a production facility was opened in Herford-Elverdissen in 1932 and the headquarters were relocated there. In 1936, a linen factory was built in Herford. During the time of the so-called "Aryanizations" in 1938, Adolf Ahlers took over the operation of the then largest textile company in Europe, Elsbach in Herford. The Jewish Elsbach family was forced to sell the shares in their company to Ahlers. The company was renamed by Ahlers as "Herford Laundry Factory AG". The former managing director Kurt Elsbach, who fled abroad, returned to the company in 1947, but died in 1954. From 1952 onwards, the company was called "Elsbach Linen Factory" again. The shares were returned to the Elsbach family. Ahlers remained a shareholder, acquired the company completely in 1964 and converted it into a GmbH. Jan A. Ahlers , son of the company founder, took over management from his father Adolf Ahlers in 1968 and expanded the company into an internationally active group. In 1979 an own production facility was outsourced to Sri Lanka . In 1987 Jan A. Ahlers brought the company to the stock exchange. Stella A. Ahlers, the founder's granddaughter, has been running the company since 2005.

Elsbach Denim Library Norderney

Company data

In the 2017/18 financial year (end of November 30th), the company's sales amounted to 223 million euros, 69 percent of which came from products from the Pierre Cardin , Baldessarini and Otto Kern brands . Ahlers generated more than half of its sales in Germany (54 percent). The foreign share was 46 percent of total sales, including 26 percent in Western Europe and 20 percent in Central / Eastern Europe / Other. The company generated 31 million euros (14 percent of sales) in its own retail business. In its own production facilities in Poland and Sri Lanka, 35 percent of the approximately 7 million fashion items produced were manufactured. At the end of the 2017/18 financial year, Ahlers employed 2,145 people, 589 of them in Germany (502 at the headquarters in Herford).

Share structure

On November 30, 2018, the share capital of EUR 43.2 million was divided into 13,681,520 no-par value registered shares. Stella A. Ahlers holds 52.7 percent of the total share capital through holding companies. The free float was 47.3 percent.

Stores and factory outlets

At the end of November 2018, Ahlers managed 35 out of a total of 149 retail stores, six of them in Germany and 29 mainly in Eastern European countries, with a focus on Poland, the Baltic States and Russia. On November 30, 2018, partners operated a total of 114 stores, mainly in Poland, Ukraine and Russia. There are also a number of outlet locations, including a 1200 m² factory outlet at the headquarters on Elverdisser Straße, Herford.

swell

Web links

Individual evidence

  1. ↑ a b Annual Report 2017/2018 , November 30, 2018, accessed on February 28, 2019.
  2. ↑ Luxury brand sold to Ahlers: Baldessarini passes Baldessarini on by return post . In: Handelsblatt . August 25, 2006, ISSN  0017-7296 ( online [accessed February 11, 2017]).
  3. ↑ Bernhard Hertlein: Ahlers gives up the Jupiter brand , in: Westfalen-Blatt , September 15, 2019
  4. ↑ Ahlers: Job cuts and Jupiter-Aus , in: First Blue, September 17, 2018
  5. ↑ Stefan Boscher: The fate of the Elsbach family , in: Neue Westfälische , July 16, 2008, on hiergeblieben.de
  6. ↑ Owner of the Elsbachhaus , accessed on July 25, 2019

Coordinates: 52 ° 4 ′ 57 ″  N , 8 ° 39 ′ 12 ″  E