Fashion
German shirt-making pioneer Eberhard Bezner turns 90
Published
December 30, 2025
Eberhard Bezner turns 90. The long-standing managing director and current co-owner of Olymp Bezner KG, and co-founder of the eponymous foundation in Bietigheim-Bissingen, Baden-Württemberg (Ludwigsburg district), will celebrate his milestone birthday on December 31. As a German fashion entrepreneur, Bezner brought numerous innovations in modern shirt-making to fruition, laying the foundations for the company’s outstanding market position today.
Eberhard Bezner was born on December 31, 1935 in Stuttgart, Württemberg, the only child of company founder Eugen Bezner and his wife, Wilma (née Klaus).
Bezner grew up in Bietigheim and Ingersheim in the district of Ludwigsburg. After completing his schooling in Bietigheim in 1950, he began a structured apprenticeship as a textiles and retail merchant with a textile wholesaler in Ludwigsburg.
Bezner then joined his parents’ company in September 1953, initially as a junior employee. Following the sudden death of his father, Eugen, in January 1960, he had to take responsibility for the fast-growing, medium-sized shirt manufacturer overnight, at just 24 years of age.
As managing partner, he devoted himself to this role for many decades, until the complete handover to his son and successor, Mark Bezner, who now successfully runs the internationally active family business in its third generation.
One of Eberhard Bezner’s key entrepreneurial achievements was recognising, as early as the late 1960s, the growing difficulties facing domestic textile production in Germany.
The demand for qualified production workers could scarcely be met at that time. In the face of near-full employment, the local textile and clothing industry, particularly in the Middle Neckar region, continuously lost workers to traditionally strong sectors such as mechanical engineering and the automotive industry.
As a result, alternatives for shirt production had to be found abroad- this was the only way to preserve the medium-sized company and safeguard jobs in Germany.
In addition to his many years as an entrepreneur, Eberhard Bezner also took on political responsibility at municipal level in his hometown of Bietigheim for decades. From 1968 to 2004, he was at times the longest-serving councillor in the CDU group on the Bietigheim-Bissingen city council and also served, on an honorary basis, as deputy to the then Lord Mayor, Manfred List (CDU).
For his numerous services to the community as a citizen, patron, sponsor, and elected official, he received the Badge of Honour of the state of Baden-Württemberg and also holds the Cross of Merit on ribbon of the Order of Merit of the Federal Republic of Germany. In October 2013, Eberhard Bezner was additionally honoured by the Baden-Baden Economic Forum for his life’s work as the doyen of the German shirt industry and as a shareholder of OLYMP.
Guided by the humanist maxim “It is far more blessed to give than to receive,” the committed philanthropist Eberhard Bezner has long been active in charitable humanitarian projects. Together with his son, Mark Bezner, and his daughter, Birgit Bezner-Fischer, he founded the Olymp Bezner Foundation in 2008 with a private endowment of one million euros, which has since worked worldwide to support the education, health, and welfare of children and young people.
In 2010, Eberhard Bezner opened the “EBERHARDS” hotel and restaurant, now run by his grandson Bastian Fischer, as a stylish address in Bietigheim-Bissingen. In a prime city-centre location- right on the River Enz, beside the Bietigheim railway viaduct, the town’s landmark, and opposite the municipal indoor swimming pool- EBERHARDS combines high-quality accommodation for business travellers and holidaymakers with culinary experiences for connoisseurs and lovers of regional cuisine.
Eberhard Bezner is also an avid music lover and the initiator of the “Jazz im OLYMP” festival, which has been held annually on the company premises since 2001 and has established itself as a cultural highlight in the Stuttgart region with its numerous international music groups, performers and bands. As a sports fan and sponsor, Bezner has also been a major supporter of local sports clubs in Bietigheim-Bissingen for decades.
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The increase was driven primarily by higher reinvested earnings and intra-company loans, indicating continued engagement by existing investors with Bangladesh.
Reinvested earnings rose by 318.25 per cent, from $103.79 million in 2024 to $434.10 million in 2025, while intra-company loans increased by 25.68 per cent, from $621.96 million to $781.68 million.
Bangladesh’s net FDI inflows increased by 39.36 per cent last year to $1,770.42 million compared with $1,270.39 million in 2024, the Bangladesh Bank said.
The increase was driven primarily by higher reinvested earnings and intra-company loans.
Reinvested earnings rose by 318.25 per cent, from $103.79 million in 2024 to $434.10 million in 2025, while intra-company loans rose by 25.68 per cent.
Equity capital remained broadly stable, rising by 1.84 per cent, from $544.64 million to $554.64 million in 2025, a release from Bangladesh Investment Development Authority said.
Greenfield project announcements declined by 16 per cent in 2025.
Fibre2Fashion News Desk (DS)
The company’s adjusted EBITDA, excluding Employee Stock Option Plan (ESOP) expenses, rose around 14 per cent YoY to ₹468 crore, while EBITDA margin improved by 20 basis points to around 9.3 per cent. Excluding the reciprocal tariff impact of around ₹36 crore and incremental losses of around ₹13 crore in Bihar and Guatemala, adjusted EBITDA margin stood at around 10.3 per cent.
Pallab Banerjee, managing director, Pearl Global Industries, said: “FY26 marked the company’s second consecutive year of double-digit growth and improved profitability. This performance further solidifies the position of Pearl Global’s diversified operating model and disciplined execution across geographies.”
Pearl Global Industries has reported its highest-ever FY26 revenue of ₹5,025 crore (~$523.93 million), up 11.5 per cent YoY, driven by volume growth and value-added products.
PAT rose 17 per cent to ₹270 crore (~$28.15 million), while Q4 revenue hit ₹1,314 crore (~$137 million).
The company shipped 78.1 million pieces.
Its net worth stands at ₹1,438 crore (~$149.93 million).
He said that geopolitical shifts and Gulf conflicts could lead to energy cost escalation, affecting raw material and logistics costs. However, the company remains prepared to manage these headwinds, supported by its diversified manufacturing base, strong order book, and broad market presence.
The profit after tax (PAT) increased 17 per cent YoY to ₹270 crore (~$28.15 million), the company said in a press release.
On a standalone basis, FY26 revenue stood at ₹1,081 crore, while adjusted EBITDA was ₹67 crore, with EBITDA margin improving by 60 basis points to 6.2 per cent, mainly due to cost restructuring. Standalone PAT rose to ₹69 crore from ₹55 crore in the previous year.
The company’s net worth stood at ₹1,438 crore (~$149.93 million) as of March 31, 2026, compared with ₹1,146 crore a year earlier.
“In FY26, Group delivered another year of resilient performance against a complex geopolitical backdrop. Group achieved, among others, two major milestones this year: revenue crossed INR 5,000 crore mark and installed capacity surpassed 100 million pieces per annum,” said Pulkit Seth, vice-chairman and non-executive director, PGIL.
Seth added that the global apparel industry faced tariff-related disruptions during FY26, with the company’s India operations impacted by tariffs and penal duties imposed by the US. However, he added that Pearl Global leveraged its diversified, multi-country manufacturing presence to mitigate these challenges and deliver double-digit growth.
For the fourth quarter (Q4) of FY26, PGIL posted its highest-ever quarterly revenue of ₹1,314 crore (~$137 million), up 6.9 per cent YoY. Adjusted EBITDA rose 13.7 per cent to ₹135 crore, with margin at 10.3 per cent, the highest EBITDA margin recorded by the company in any quarter. PAT for the quarter stood at ₹81 crore, up 24.6 per cent YoY, PGIL said in a press release.
Standalone revenue during the quarter stood at ₹304 crore, adjusted EBITDA at ₹24 crore, and PAT at ₹14 crore.
PGIL shipped its highest-ever volumes in Q4 FY26 and FY26, at 22 million pieces and 78.1 million pieces respectively. Its annual installed capacity crossed 100 million pieces, reaching around 101 million pieces.
The ongoing capex in Bangladesh is expected to be completed by the first half of FY27 and will add around 6-7 million pieces of capacity during the year.
Fibre2Fashion News Desk (SG)
PTA prices recorded notable declines across key Asian benchmarks, tracking crude oil weakness rooted in evolving geopolitical signals. The correction was broad-based, spanning China, Southeast Asia, and South Korea, while India**;s CIF price held steady reflecting the lag in import contract structures and limited spot availability in the domestic market on the day.
The *** per cent Polyester Yarn market witnessed a slightly negative trend during the assessed period, with mild price corrections observed across both yarn grades in the Asia Free on Board (FOB) China market. Prices for **s (*** per cent polyester yarn) declined from around $*.***/kg to nearly $*.***/kg, registering a decrease of approximately *.** per cent.
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