Men's Fashion Manufacturer Ahlers Files for Bankruptcy

The economic problems in the German fashion industry are getting more and more companies into trouble. The men's fashion manufacturer Ahlers announced that it would file for insolvency at the District Court of Bielefeld for Ahlers AG and seven subsidiaries due to impending insolvency, reported. The trigger for the decision was essentially the business development, which was below planning, said company boss Stella Ahlers. The consequences of the corona pandemic and the associated disrupted supply chains, general reluctance to buy, high inflation and bankruptcies in retail made the step inevitable. Nevertheless, she sees future options for the company, emphasized Ahlers. According to the company, bankruptcy applications are also possible for the subsidiaries Ahlers P.C. GmbH, Ahlers Retail GmbH, Ahlers Zentralverwaltung GmbH, Ahlers Vertrieb GmbH, Pioneer Professional Clothing GmbH, Pioneer Jeans-Beclothing GmbH and Baldessarini GmbH are planned. The companies from abroad, on the other hand, are currently not affected. Read more.