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History

2017 Move of Baldessarini GmbH
Otto Kern licenses granted to Hatico Mode GmbH (shirts) and Jupiter Bekleidung GmbH (sportswear)

2016 Launch of the Pierre Cardin online shop
Market entry of Baldessarini in the USA and Canada
Opening of a Pierre Cardin store in Poznan

2014 Opening of the “Elsbach Denim Library” multi-brand store in Hamburg
Acquisition of additional Pierre Cardin licenses in Belgium, France and Spain

2013 Opening of Pierre Cardin retail stores in Hamburg, Munich, Riga/Latvia,
Bratislava/Slovakia and Katowice/Poland
Takeover of the license for Pierre Cardin Legwear
Opening of an international showroom in Rue Royale in Paris
Launch of the Pionier Workwear online shop

2012 Launch of the Baldessarini online shop

2011 Takeover of the remaining interests in Otto Kern GmbH
Launch of the Otto Kern online shop

2010 Spin-off of the Jupiter shirts business and foundation of a joint venture under
the name of Jupiter Shirt GmbH (Ahlers share: 49 percent)

2006 Sale of the Eterna Group to a financial investor
Acquisition of Baldessarini GmbH, Munich

2005 Dr. Stella A. Ahlers, granddaughter of company founder Adolf Ahlers, is appointed to
head the Management Board

2004 Inclusion in the Prime Standard segment of the German Stock Exchange

2000 Acquisition of the rights to the Otto Kern Brand

1998 Ahlers shares are traded in the Official Market segment of the German Stock Exchange

1996 Acquisition of Eterna Beteiligungs-AG, Passau

1992 Licensing partnership with Pierre Cardin, Paris, begins

1987 Initial public offering

1979 Foundation of a production plant in Sri Lanka

1977 Launch of the Pioneer brand for denim fashion

1971 Foundation of the Pionier Workwear brand

1970 Launch of the Pionier brand for jeans and trousers of all sizes

1932 Company moves to Herford/Westphalia

1919 Establishment as a textile wholesale business in the Frisian town of Jever