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. The activities of Gin Tonic and business with the last remaining private label customer were discontinued in the previous year, which resulted in a reduction of 4.8 million euros (5.6 million dollars) in sales revenues in the reporting period. The group’s total revenues in the nine-month period declined by 2.6 percent from to 179.7 million euros (212.3 million dollars).