Ahlers Q1 revenues down 3.8 percent

Ahlers, in its first quarter report said that both - the industry figures and the company's own declining retail sales confirm the continuing difficult market environment for apparel in Europe. In addition, the company said, the first quarter was influenced by a shift of revenues from the first to the second quarter. Total group revenues decreased by 2.4 million euros (2.9 million dollars) or 3.8 percent to 60.7 million euros (75.1 million dollars) in the first quarter.