Jil Sander AG
Jil Sander AG considers restructuring to increase efficiency
Ad hoc announcement §15 WpHG
Strategic corporate decisions
Jil Sander AG considers restructuring to increase efficiency
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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After a careful analysis process, the management of Jil Sander AG has
finalized today a proposal for a restructuring of the company in major
business areas and is meeting with the company’s works council to evaluate
this proposal. The proposal includes a transfer of primarily production and
logistic activities of the JIL SANDER Group from Germany to non-affiliated
subcontractors in Italy.
On an operational level, the restructuring is to reduce complexity; it shall
also lead to a consolidation of activities, a more flexible structure and a
stronger exploitation of synergies within the PRADA Group.
Jil Sander AG
Osterfeldstraße 32-34
22529 Hamburg
Deutschland
ISIN: DE0007164030
WKN: 716403
Listed: Amtlicher Markt in Frankfurt (General Standard) und Hamburg;
Freiverkehr in Stuttgart
End of ad hoc announcement (c)DGAP 09.03.2005
091006 Mär 05
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