Adler Modemärkte AG, headquartered in Haibach near Aschaffenburg, Germany, is one of Germany's largest and most important textile retailers. In 2018, the Group earned € 507.1 million in revenue and generated € 20.7 million in EBITDA prior to IFRS 16 (adjusted: € 26.2 million). As at 30 June 2019, ADLER has approximately 3,600 employees and currently operates 173 stores, 146 of which are located in Germany, 22 in Austria, three in Luxembourg, two in Switzerland, plus an online shop (www.adlermode.com).
The Company focuses on large-space concepts offering in excess of 1,400 m2 of retail space. With its many own brands and select external brands, ADLER offers a highly diverse product range. Thanks to more than 70 years of tradition and strong customer loyalty, ADLER considers itself to be the market leader within its target group of affluent customers aged 55 and over.