Gerry Weber International AG

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Pandemic puts East European garment workers at risk too Michelle Russell | 28 Apr 20

Garment workers in Serbia, Ukraine, Croatia and Bulgaria are said to be earning less than a living wage producing clothes for German fashion brands – with many having to carry on despite the Covid-19 pandemic.

Gerry Weber to launch first sustainable collection Beth Wright | 20 Jan 20

German womenswear retailer Gerry Weber International has revealed plans to launch its first sustainable apparel collection later this year across its Gerry Weber, Taifun and Samoon brands.

Gerry Weber gets green light on insolvency plan Michelle Russell | 19 Sep 19

Insolvent German women's wear retailer Gerry Weber International has had its insolvency plan approved by the majority of its creditors.

Gerry Weber to shutter all UK stores Beth Wright | 25 Jul 19

Insolvent German women's wear retailer Gerry Weber International has confirmed it is to shutter all of its own retail stores in the UK by the end of October.

Gerry Weber rescued with EUR49.2m cash injection Beth Wright | 16 Jul 19

Insolvent German women's wear retailer Gerry Weber International has struck an investment agreement with asset management firms Robus Capital Management and Whitebox Advisors in what it calls a "milestone" in securing the company's future.

Gerry Weber sells Hallhuber to Robus Capital Leonie Barrie | 8 Jul 19

Insolvent German women's wear retailer Gerry Weber International has sold a majority stake in its core Hallhuber business to a fund managed by Robus Capital Management.

Gerry Weber begins preliminary insolvency proceedings Beth Wright | 28 Jan 19

Struggling German women's wear retailer Gerry Weber International has entered into preliminary insolvency proceedings after negotiations with its financing partners broke down. 

Gerry Weber adjusts FY results to report wider loss Beth Wright | 15 Jan 19

Struggling German fashion retailer Gerry Weber has adjusted its preliminary results for the financial year 2017/18 to reflect a EUR44.2m (US$m)  impairment - the vast majority of which it says is related to its core Hallhuber brand.

Gerry Weber to close 230 stores as FY earnings plummet Hannah Abdulla | 10 Dec 18

Struggling German fashion retailer Gerry Weber has announced it will close 230 stores and cut its workforce, warning it expects a "significant loss" in earnings for the full year fuelled by restructuring costs, depreciation and write-downs.

Gerry Weber to focus on core brands, discontinue Talkabout Beth Wright | 26 Oct 18

German fashion house Gerry Weber has announced its youngest label Talkabout will be discontinued as part of a wider move by the company to focus on its core brands.

Gerry Weber in management shake-up amid declining sales Hannah Abdulla | 3 Oct 18

The group recently initiated a new performance programme to focus on digitisation and build a leaner businesses structure - a move that resulted in up to 150 job cuts. 

Adidas, C&A, Esprit set out new sustainability roadmaps Leonie Barrie | 23 Aug 18

Brands and retailers including Adidas, C&A, Esprit, Hugo Boss, KiK, Lidl, Primark and Puma are among 116 members of the German based Partnership for Sustainable Textiles who have submitted roadmaps outlining concrete steps to increase sustainability in their textile supply chains.

Gerry Weber to rebuild business model and cut jobs Michelle Russell | 15 Jun 18

German fashion house Gerry Weber has initiated a new performance programme to focus on digitisation and building a leaner businesses structure that will result in up to 150 job cuts.

Gerry Weber to launch online only brand Beth Wright | 1 Mar 18

German fashion house Gerry Weber, which is currently working to boost profitability, is to launch a purely digital brand later this month, offered exclusively online and on external platforms including Amazon.

Gerry Weber "unable" to improve profitability, posts FY loss Beth Wright | 28 Feb 18

German fashion house Gerry Weber has offered an optimistic outlook despite booking lower sales and moving to a loss for the full-year as its cost-saving programme failed to improve profitability.

Gerry Weber in board reshuffle to boost profitability Beth Wright | 22 Feb 18

German fashion house Gerry Weber has appointed a new management board, tasked with developing a performance programme to drive a "sustainable increase" in profitability at the firm.

Steinke steps down as Gerry Weber retail head Beth Wright | 26 Jun 17

Norbert Steinke, chief retail officer of German fashion house Gerry Weber, has resigned from his position on the company’s management board with immediate effect.

Gerry Weber store closures weigh on H1 Michelle Russell | 15 Jun 17

German fashion house Gerry Weber has offered an optimistic outlook despite booking lower sales and earnings in its first-half on the back of store closures and a difficult market environment.

German brands targeted over Indonesia compensation Michelle Russell | 5 Apr 17

Gerry Weber and s.Oliver were the target of protests in the Indonesian capital Jakarta last week, with the German fashion brands being urged to pay compensation following the collapse of a supplier two years ago.

Gerry Weber warns of "difficult" year ahead as profits slump Michelle Russell | 23 Feb 17

German fashion house Gerry Weber has warned of a difficult and challenging year ahead as it revealed lower earnings in its last fiscal weighed down by charges related to its realignment programme.

Apparel brands "ignoring" refugee abuse in Turkey factories Michelle Russell | 25 Oct 16

The majority of large apparel brands are ignoring the "endemic" abuse of Syrian refugees in Turkish clothing factories supplying European retailers, a new report has found. 

Gerry Weber reaffirms guidance despite mixed H1 Michelle Russell | 14 Jun 16

Gerry Weber has reaffirmed its full-year guidance as the German fashion house revealed mixed first-half results with earnings and margins down but sales up 2.5%.

Gerry Weber profit slides in "difficult" Q1 Katie Smith | 16 Mar 16

German fashion house Gerry Weber has seen its net profit plummet 88.4% in what it has described as a "difficult" first quarter.

Gerry Weber to cut jobs under realignment plan Michelle Russell | 26 Feb 16

Gerry Weber has implemented a realignment programme that will see the closure of over 100 stores and the elimination of over 250 jobs, after revealing an "unsatisfactory" year for the German fashion house. 

Gerry Weber to realign as FY results "disappoint" Michelle Russell | 26 Jan 16

German fashion house Gerry Weber has implemented a realignment programme after revealing what it said were "disappointing" full-year results.

Gerry Weber 9-month profit halves Katie Smith | 11 Sep 15

German fashion house Gerry Weber has said its acquisition of women's fashion company Hallhuber is “beginning to bear fruit”, despite seeing its profit halve in the first nine months of the year. 

Gerry Weber to accelerate Hallhuber expansion Katie Smith | 17 Mar 15

German fashion house Gerry Weber has revealed it will accelerate the expansion of its recently acquired Hallhuber chain, after reporting a decline in first-quarter profit.

Gerry Weber reveals expansion as FY profit rises Beth Wright | 2 Mar 15

German fashion house Gerry Weber has revealed further expansion plans in Europe and North America after booking a 0.5% increase in its annual net profit.

Gerry Weber records mixed FY Michelle Russell | 29 Jan 15

German fashion house Gerry Weber International has booked a mixed set of results for its full-year as flat sales failed to meet company expectations, but margins and earnings improved.

Gerry Weber to name founder's son as CEO Katie Smith | 23 Jan 15

German fashion house Gerry Weber International is to name managing board member Ralf Weber, son of founder Gerhard Weber, as the company's new CEO.



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