gerry weber international news and archive

Gerry Weber to axe around 150 jobs, lowers forecast

In the first half of 2017/18, Gerry Weber International AG generated consolidated revenues of 404.7 million euros (478 million dollars), a decline of 5.4 percent. Following the disappointing first half, the company has initiated a “Performance Programme”, modifying its business model for sustainable profitable growth As a part of this...

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Gerry Weber names Michael Dotterweich Director Wholesale for DACH

Gerry Weber International AG has appointed Michael Dotterweich as Director Wholesale for the DACH region. The company said, in this position he will be responsible for the entire wholesale sales of Gerry Weber and TalkAbout. Commenting on the new appointment, Ralf Weber, CEO of Gerry Weber International said in a press release: "Dotterweich is...

Business

Gerry Weber Q1 revenues decline to 189.8 mn euros

Consolidated sales revenues of Gerry Weber International AG amounted to 189.8 million euros (234.8 million dollars) in the first quarter of the fiscal year 2017/18, compared to 209.2 million euros (258.8 million dollars) in the same period of the previous year. The company said, while Hallhuber recorded an increase in revenues to 58.9 million...

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Gerry Weber announces changes to its managing board

The supervisory board of Gerry Weber International AG has announced the company’s future managing board structure. Effective April 1, 2018, the company said that Gerry Weber’s managing board will again be composed of three members - Johannes Ehling will join as Chief Sales Officer and Chief Digital Officer for three years, Jörg Stüber will...

Business

Gerry Weber FY17 revenues decline 2.2 percent

According to preliminary figures, Gerry Weber International AG generated consolidated sales revenues of 880.9 million euros (1,096 million dollars) in the fiscal year 2016/17. The company said, at 2.2 percent, the decline in sales revenues on the previous year is within the planned range of a decline of 2 percent to 4 percent. Preliminary group...

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David Frink resigns from managing board of Gerry Weber

The supervisory board of Gerry Weber International has approved the mutually agreed termination of Dr. David Frink’s membership from the managing board. The company said that Frink’s resignation has nothing to do with the business performance of the company or one of its subsidiaries. Dr. Frink was appointed to the managing board of the company...

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Gerry Weber names Johannes Ehling Chief Sales Officer

The supervisory board of Gerry Weber International has appointed Johannes Ehling, a fashion manager with long-standing experience to the company’s managing board. The company said Ehling will assume the newly created role of Chief Sales Officer and Chief Digital Officer by September 1, 2018 and strengthen the managing board. Ehling will be...

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Gerry Weber revenues decline, Hallhuber posts sales growth

In the first nine months of the financial year 2016/17, consolidated sales revenues of Gerry Weber International were down by 2.9 percent to 620.1 million euros (736 million dollars), which the company said was primarily because the store portfolio of the core retail segment was streamlined as planned. However, the Hallhuber subsidiary recorded...