Icon: enlarge
Starmanager
: In his career,
Claus-Dietrich Lahrs ran
large houses.
Before s.Oliver, Hugo Boss and Bottega Veneta, among others.
Photo: Donato Sardella / Getty Images
Claus-Dietrich Lahrs
(57) is very tense these days.
Probably Germany's most famous fashion manager struggles with politics.
The month-long closure of the retail trade endangers the last coup of his career: to almost double the turnover of the Franconian fashion group S.Oliver from 1.3 to around 2.5 billion euros.
Lahrs wants to achieve this by the time his contract expires at the end of 2024.
The former boss of Hugo Boss left the luxury tailor Bottega Veneta in 2019 to take a seat on the most notorious ejection seat in the industry and
to crown
the life's work of owner
Bernd Freier
(74).
And he is currently doing a lot of lobbying as the mouthpiece of a coalition of frustrated retail chains and manufacturers.
In between, however, Lahrs apparently still finds enough time to radically remodel his own shop, which leads to a lot of noise.
In the previous year, around 400 employees had to leave, including many long-term confidants of the owner.
Insiders put the severance payments due at around 50 million euros.
If the lockdown lasts longer, Lahrs does not rule out further layoffs.
Continue reading with
Understand economy.
Achieve more.
Exclusive insider stories, trends and backgrounds.
Your advantages with manager magazin +
Icon: Check
All m + articles on manager-magazin.de
exclusive research by the editorial team and the best of "The Economist"
Icon: Check
Read the manager magazine
as an app and e-paper - on all your devices
Icon: Check
Try one month for free
can be canceled online at any time
One month for € 0.00
Try it now for € 0.00Arrow to the right
Already have a digital subscription? Register here
Continue reading with
Understand economy.
Achieve more.
Your advantages with manager +
Icon: Check
manager magazin +
in the app
Icon: Check
Harvard Business manager +
in the app
Icon: Check
Read manager magazin and Harvard Business manager
as an e-paper in the app and on the web
Icon: Check
All articles in the manager app
for only € 24.99 per month
Buy Now Right Arrow
Already have a digital subscription? Register here
Restore iTunes subscription
manager + is processed via your iTunes account and paid for with a purchase confirmation.
24 hours before it expires, the subscription is automatically renewed by one month at the current price of € 24.99.
You can cancel the subscription at any time in the settings of your iTunes account.
To use manager + outside of this app, you must link the subscription to a manager ID account immediately after purchase.
With the purchase you accept our general terms and conditions and privacy policy.