German clothing brand Gerry Weber has reported "record" nine-month revenues and earnings as it said all three of its brands saw strong sales growth.

For the nine-months ended 31 July, net income rose 25.8% to reach EUR36m (US$49.4m), up on the back of a 12.6% increase in revenues to EUR468.8m. The company said that "all earnings figures improved at clearly disproportionate rates [against sales]" over the period.

The company attributed the sales growth to the development of the core Gerry Weber brand and its expanding retail activities. Revenues in its retail stores, which include its in-store concessions, were up 25.1% to EUR156m.

EBITDA rose 20.1% to EUR65.7m while EBITDA margin increased to 13.5%, against 12.7% in the same period of the previous year. EBIT rose 23.6% to EUR56.9m, while EBIT margin increased to 11.7% from 10.1% last time.

The company is forecasting full-year sales of EUR700m, up more than 10% on the previous year. It expects EBIT margin to rise to over 14% and sales to increase at double-digit rates for the next two to three years. "EBIT margin should climb to 15%," it added.

It sees significant potential for growth in its wholesale division outside of Germany, "primarily in Asia, the Middle East and North America" as well as in France, Switzerland and Italy.

And its first foray into the US has been "very positive" with plans to add Gerry Weber to its range in some 10 outlets.

"This is yet another step in the context of the ongoing international expansion of Gerry Weber. But we will act cautiously in the USA and initially have the sales spaces managed by partners who have excellent knowledge of the local market," said CEO Gerhard Weber.