The clothing supplier Digel AG closed the 2023 financial year with an increase in sales.
In the past year, revenues reached just over 120 million euros, exceeding the previous year’s level by around five percent, the Nagold-based family business announced on Friday.
Board member Jochen Digel was positive about the growth: “We are very satisfied that we were able to hold our own so well in a difficult market environment,” he explained in a statement. “The catch-up effects will have leveled off significantly in 2023 and we all know what the general world situation looks like at the moment.”
In addition to formalwear, shoes and sportswear were the “strongest growth areas” last year, the company said. In addition, the start in the new markets of the USA and Spain was “very promising”.
Sascha Eichwald is the new area manager for East Lower Saxony and North North Rhine-Westphalia
The clothing retailer also introduced a new addition to its sales team. On January 1st, Sascha Eichwald took over “as area manager for the sales region of East Lower Saxony and North North Rhine-Westphalia,” explained Digel.
According to his new employer, the 37-year-old came from S.Oliver, where he most recently “worked as an area manager for the men’s ready-to-wear and mainstream segments”. At Digel he now reports directly to Gerrit Schultz, Director Wholesale for the Germany and Austria region. Eichwald’s appointment came “as part of a necessary regional reform due to the company’s constant growth,” according to a statement.