The consequences of the corona pandemic and the reluctance to buy are making things difficult for more and more fashion retailers.
Now it has caught the next company.
Herford - The economic problems in the German fashion industry are causing more and more companies to get into trouble.
Now Ahlers got it.
The men's fashion manufacturer announced on Monday that it would file for insolvency at the Bielefeld District Court due to impending insolvency.
Ahlers AG and seven subsidiaries are affected.
As justification, company boss Stella Ahlers referred to the consequences of the corona pandemic and the associated disrupted supply chains, reluctance to buy and high inflation.
Nevertheless, she sees future options for the company, emphasized Ahlers.
Ahlers owns the brands Pierre Cardin, Baldessarini and Otto Kern.
More to come.
(dpa/utz)