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How the sporting goods retailer leverages RFID tracking robots from MetraLabs and Pal Robotics while providing services for other stores

DGAP Preliminary announcement financial reports: Adler Modemärkte AG / Preliminary announcement on the disclosure of financial statem...

Fibre2Fashion Toggle navigation 14 Pic: Adler Modemärkte AG As a result of fresh closure of 169 of the 171 company stores until at least the end of January, Germany’s Adler Modemärkte AG recently resolved to file an application for the opening of insolvency proceedings in self-administration. Despite intensive efforts, the company was unable to close the liquidity gap caused by the pandemic-related drop in sales. In the first half of 2020, ADLER had still managed to cushion the first COVID-19-related lockdown, thanks to a then solid balance sheet s...

Adler Modemärkte files for bankruptcy protection Monday, January 11 2021 As a result of the renewed officially ordered closure of 169 of the total of 171 stores until at least the end of January 2021, the management board of Adler Modemärkte AG has decided to file an application for the opening of insolvency proceedings in self-administration with the local court of Aschaffenburg. The company said in a statement, despite intensive efforts, the company was unable to close the liquidity gap caused by the Corona-related drop in sales through a capital injection from state support funds or in...