Adler Modemärkte AG
Adler Modemärkte AG: ADLER Continues Expansion in Luxembourg
DGAP-News: Adler Modemärkte AG / Key word(s): Expansion Adler Modemärkte AG opened a new store in Wemperhardt, further strengthening the Company’s position in Luxembourg and implementing its previously-announced expansion strategy in new, lucrative locations. Given the currently challenging environment for the textile retail industry, the strategy calls for an expansion of the network by one to two stores in 2016. The Wemperhardt store is ADLER’s third in Luxembourg. It is located in a shopping centre that is open seven days a week. Customers can browse the familiar wide range of own and external brands for womenswear, menswear and kidswear on the store’s spacious sales floor, which totals approximately 2,400 m2. “The shopping centre in the border town of Wemperhardt has long been an established shopping destination for customers from Luxembourg, Belgium and Germany”, said ADLER CEO Lothar Schäfer, commenting on the opening of the new store. “Specialist stores, one full-range provider for foodstuffs and two petrol stations ensure high customer footfall. We’re highly optimistic that the new store will be a success.” In addition to the new store in Wemperhardt, the network of stores in Germany was also increased by one store in Dillenburg in November. With a sales floor of just under 2,300 m2, that new store also has abundant retail space for the full range of products typically offered by ADLER. The total number of ADLER stores in Germany and abroad thus increased and now totals 182.
2016-11-24 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English | |
Company: | Adler Modemärkte AG | |
Industriestraße Ost 1-7 | ||
63808 Haibach | ||
Germany | ||
Phone: | +49 (0) 6021 633 0 | |
Fax: | +49 (0) 6021 633 1299 | |
E-mail: | info@adler.de | |
Internet: | www.adlermode.com | |
ISIN: | DE000A1H8MU2 | |
WKN: | A1H8MU | |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange | |
End of News | DGAP News Service |