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Ahlers AG
Elverdisser Str. 313
Phone: +49 52219790p:+49 52219790 HERFORD, 32052  Germany Ticker: AAHAAH
Filed for Insolvency on 4/24/2023
On 4/24/2023, The local court in Bielefeld has ordered the preliminary Insolvency Proceedings over the assets of Ahlers AG.
The Court has appointed Dr. Biner Bähr, a lawyer from White & Case, as the Preliminary Insolvency Administrator.
The proceedings also involve 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.
Business Summary
Ahlers AG is a Germany-based manufacturer of fashion products. It operates through two segments: Premium Brands and Jeans, Casual & Workwear. The Premium Brands segment comprises the Baldessarini, Pierre Cardin and Otto Kern brands, and provides clothes for both men and women. The Jeans, Casual & Workwear segment comprises the Pioneer Authentic Jeans, Pionier Jeans & Casuals, Pionier Workwear and Jupiter brands as well as the private label business, and offers jeanswear, workwear and sportswear. The Company owns distribution companies in approximately 20 countries, and operates two production facilities in Poland and Sri Lanka. The Company operates through numerous subsidiaries in Germany, the United States, the United Kingdom, Poland, Switzerland and Spain, among others.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
5/31/202311/30/2022Yes----

Industries
SIC Code Description
2252 Hosiery, not elsewhere classified
2329 Men's and boys' clothing, not elsewhere classified
5651 Family clothing stores

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Supervisory Board AlexanderGedat 57 4/17/2019 4/17/2019
Chief Executive Officer, Chairwoman of the Management Board Stella A.Ahlers 7/12/2005 6/1/2005
Deputy Chairman of the Supervisory Board ArminFichtel 4/17/2019 4/17/2019
Member of the Supervisory Board FrankStender 7/1/2022 7/1/2022

Subsidiaries
Business Name Address City State/Province Country
Ahlers Zentralverwaltung GmbH Elverdisser Str. 313 Herford Germany

Business Names
Business Name
0N57
0N59
AAH
9 additional Business Names available in full report.

General Information
Number of Employees: 1,643 (As of 5/31/2023)
Outstanding Shares: 19,762,726 (As of 5/31/2023)
Shareholders: 5,971
Stock Exchange: FRA
Fax Number: +49 5221979222
Email Address: ahlers-ag@ahlers-ag.com


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Saturday, November 2, 2024