Ahlers sales decline 5.5 percent in H1

Consolidated sales revenues at Ahlers Ag dropped by 6.5 million euros (7.6 million dollars) or 5.5 percent to 110.8 million euros (130 million dollars) in the first six months of 2017/18. However, jeans revenues generated by Pierre Cardin and Pioneer Authentic Jeans, Ahlers said, increased by 2.8 and 2.2 percent, respectively. The company added that both brands were particularly successful in Germany and Switzerland but this positive performance was offset by declining stock sales of suits and outdoor jackets, which were responsible for three fourth of the total drop in revenues.