The cooperation with Meyer & Meyer is a result of the program initiated in 2016 to increase efficiency and profitability, within the framework of which ADLER reviewed all divisions with a view to improvement potential. In view of the challenging industry environment, the optimisation of logistics was of particular importance. "The requirements in fashion logistics have risen massively in recent years: More and more collections, shorter and shorter delivery times, omni-channeling, high cost pressure - all this requires an extremely high degree of flexibility and professionalism. In Meyer & Meyer we see the ideal partner to do justice to this increasing complexity", COO Andrew Thorndike is convinced. ADLER's branch network comprises 183 fashion stores in Germany, Austria, Luxembourg and Switzerland. In addition, the company operates an online shop, which has recorded an average annual growth rate of 28% since 2013.
About Adler Modemärkte AG:
Adler Modemärkte AG, based in Haibach near Aschaffenburg, is one of the largest and most important textile retailers in Germany. In 2016, the Group generated sales of € 544.6 million and EBITDA of € 23.3 million. As of September 30, 2017, ADLER employed around 3,800 people and currently operates 183 fashion stores, of which 156 are in Germany, 22 in Austria, three in Luxembourg, two in Switzerland and one online shop. The company concentrates on large-scale concepts with over 1,400 m2 of sales space and offers a wide range of goods with its own brands and selected external brands. According to its own surveys, ADLER is the market leader in the high purchasing power segment of the 45+ age group thanks to its more than 60-year tradition with high customer loyalty.
Further information: www.adlermode-unternehmen.com; www.adlermode.com