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Gerry Weber International AG

Hannah Abdulla

Gerry Weber to close 230 stores as FY earnings plummet

10 December 2018 | Hannah Abdulla

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.... read more

Gerry Weber in management shake-up amid declining sales

3 October 2018 | Hannah Abdulla

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.  ... read more