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Etienne Aigner AG - Official Online Shop history
Etienne Aigner AG - Official Online Shop company history timeline
Growth of a German Fashion Company: 1965-88
1965: Heiner Rankl obtains rights to the Aigner name and founds Etienne Aigner AG in Munich.
The United States Etienne Aigner, meanwhile, continued on its own track, and was sold to dress manufacturer Jonathan Logan in 1967.
In 1972 a subsidiary company, Etienne Aigner Italy S.r.l., was founded near Florence to be responsible for production of all Aigner leather goods.
A new division, "Fashion Accessories," was introduced in 1974, adding scarves and neckties to the Aigner collection.
The firm had been incorporated in 1979 under Rankl.
The cosmetics firm changed hands several times in subsequent years, first through a sale to Unilever, then a management buyout by Werner Negges, who had headed the cosmetics division since 1981.
1981: Aigner is sold to the Rauball brothers.
1989: After a period of losses, Aigner is sold to VVB Vermögenstreuhand of Munich.
In 1994, legal proceedings against a Munich businesswoman for tax violations brought to light the actual ownership behind Aigner.
Despite losing three of its Asian stores--one due to the collapse of a warehouse in Seoul and two to an earthquake in Kobe, Japan--Aigner raised its dividends and reported a 25 percent increase in net income in 1995.
Bernd Ehrengart replaced Wilhelm Müller as chairman of the executive board in 1998.
Thirty-six new outlets opened in 2000, followed by 27 new shops the next year.
The investment in construction and renovation kept net profits down, but sales were up 15 percent in 2001.
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Etienne Aigner AG - Official Online Shop competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Eastern Mountain Sports | 1967 | $1.3B | 1,000 | - |
| Genesco | 1924 | $2.3B | 21,000 | 16 |
| The Bombay Company | - | - | 751 | - |
| Splendid | 2002 | - | 376 | 14 |
| Shoe Pavilion | - | $37.2M | 562 | - |
| Robert Graham | 2001 | $7.4M | 125 | - |
| Schurman Retail Group | 1950 | $300.0M | 25 | - |
| ANN INC. | 1954 | $248.8M | 19,900 | 5 |
| Marmi | - | $610,000 | 25 | - |
| Margaret O'Leary | 1990 | $16.0M | 100 | - |
Etienne Aigner AG - Official Online Shop history FAQs
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