On July 13, 2023, the OGBL, the only union contracting with Adler Mode S.A. Luxembourg, signed a new collective agreement with the company’s management covering the 75 employees working in the Foetz, Strassen and Wemperhardt stores.

The new collective agreement covers a period of 36 months, from January 1, 2023 to December 31, 2025, and includes the following improvements

• wage increases of up to +45 euros gross per month, depending on seniority (retroactive to July 1, 2023)
• a one-time bonus of between 200 and 400 euros gross, to be paid in July 2024 in proportion to the hours worked.
• an additional non-recurring day off granted to employees for the year 2025.

The negotiations leading to this agreement took place in a constructive atmosphere.

Press release of the OGBL Commerce Syndicate
July 18, 2023