Gerry Weber news and archive

Punt Roma exceeds 150 million in sales: reduced debt, increased equity and new openings

In a year marked by significant strategic moves for Victrix Group, the parent company of Punt Roma, the company closed 2024 by reinforcing its expansion drive. This was previously signalled mid-year with the acquisition of brand rights for the German company Gerry Weber and subsequently for Samoon. Six months later, the accounts for the full...

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Women in leadership: Angelika Schindler-Obenhaus, CEO Gerry Weber

At the time of this interview, Angelika Schindler-Obenhaus was still COO of Gerry Weber International AG, in the meantime, she has been promoted to CEO. FashionUnited spoke with her about her plans for Gerry Weber, her leadership style and the quota of women on boards in Germany. Ms. Schindler-Obenhaus, please describe your career so far. I...

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Gerry Weber founder Gerhard Weber dies aged 79

Gerhard Weber, the founder of German fashion retailer Gerry Weber, has died at the age of 79. He passed away in the night between 23 and 24 of September, the company announced in a statement. “In the name of all of our employees, we express our deepest condolences to the family of Gerhard Weber,” said CEO Alexander Gedat. “With tremendous...

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Gerry Weber sales slump but losses narrow

Gerry Weber has reported a drop in sales yet narrowing losses for the first half of the year after the company was impacted both by the Covid-19 pandemic and its ongoing restructuring. Group sales for the six months fell 43.3 percent to 140.5 million euros, compared to 247.7 million euros in the prior-year period. The company estimated that...

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Gerry Weber announces management board changes

Gerry Weber International Ag has announced that the company has appointed Alexander Gedat, Head of the supervisory board of Gerry Weber since December 2019, as interim Chairman of the managing board. The company said in a statement that this change became necessary, after spokesman of the managing board Johannes Ehling and chief product officer...

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Fashion crisis: more and more popular brands are struggling

The German textile industry is awash with bad news: well-known manufacturers like Gerry Weber, Tom Tailor and Esprit seem to fail to attract enough customers. And that's not just because of the record breakingly hot summer of 2018. A famous name is no longer enough in the fashion world to guarantee a secure future. More and more established...

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Gerry Weber founder Udo Hardieck dies at the age of 74

Gerry Weber International AG announced this morning that the company’s founder, Udo Hardieck passed away yesterday, June 11 at the age of 74 due to a serious illness. Hardieck, with Gerhard Weber, created the internationally listed fashion group, originally named Hatex KG, in 1973. Gerhard Weber and Ralf Weber, CEO of GERRY WEBER International...

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Gerry Weber slips to net loss in Full Year 17

Fashion retailer Gerry Weber International AG reported Thursday that its fiscal 2017 consolidated net loss was 0.8 million euros, compared to net income of 0.5 million euros in the prior year. Loss per share was 0.02 euro, compared to earnings per share of 0.01 euro a year ago. Consolidated EBITDA for the year fell 24.7 percent to 58.2 million...

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Gerry Weber to axe jobs

German fashion chain Gerry Weber is prepared to axe a series of jobs, as the company hopes to remove any weak areas in the business following a sluggish performance during the first half of its financial year 2014/2015, during which operational profit dropped 26.8 percent to 36.2 million euros. It remains unclear which roles within the company...