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Corporate Com­mu­nic­a­tions

PRESS RELEASES

Corporate News December 07, 2018

GERRY WEBER In­ter­na­tion­al AG publishes pre­lim­in­ary results for financial year 2017/18

After a first review, the Executive Board of GERRY WEBER International AG published the preliminary results for the financial year 2017/18 (October 31), today.

Press release December 04, 2018

Annemiek Janssen joins GERRY WEBER Group as Executive Vice President / Product TAIFUN & SAMOON

As of 12 November 2018, Annemiek Janssen, age 33, joined GERRY WEBER Group as Executive Vice President Product TAIFUN & SAMOON. In this position, Ms Janssen reports directly to Johannes Ehling.

Corporate News November 13, 2018

Promis­sory note loan providers of GERRY WEBER grant deferment of out­stand­ing loan re­ceiv­ables until January 2019

The outside creditors of GERRY WEBER International AG, with outstanding loan receivables due on 5 November 2018, have come to an agreement with the group over a deferment of outstanding loan receivables. The deferment agreements remain valid until the end of January 2019 and are yet another substantial partial step in the comprehensive restructuring measures of the company.

Corporate News October 25, 2018

GERRY WEBER to focus on core brands

talkabout, the youngest label of GERRY WEBER International AG, the international fashion company headquartered in Halle/Westphalia (Germany), will be discontinued. As part of the current Performance Programme and the extensive transformation, the company will now focus on its core brands, GERRY WEBER, TAIFUN and SAMOON as well as HALLHUBER.

Corporate News October 18, 2018

Expert Opinion affirms good prognosis for the re­struc­tur­ing of GERRY WEBER

The draft of the restructuring opinion in line with Standard S6 (IDW S6), to verify the company’s capability for a successful restructuring and to support the current substantial transformation process, commissioned by GERRY WEBER International AG, concluded with a positive prognosis. According to the opinion, the fundamental core business model of GERRY WEBER Group is sustainable and viable for the future.

Press release October 10, 2018

GERRY WEBER sells HALLE 29

Today, GERRY WEBER International AG signed an agreement regarding the sale of the Showroom Center “HALLE29” in Düsseldorf to a subsidiary of Zech Group, Bremen. The selling price for the property amounts to about EUR 36 million. The completion of the transaction and the payment of the purchase price are subject to several standard customary closing conditions.

Corporate News October 02, 2018

GERRY WEBER: Su­per­vis­ory Board decides on com­pre­hens­ive re­or­gan­iz­a­tion of the Managing Board for an ac­cel­er­ated corporate re­ori­ent­a­tion

In today‘s meeting, the Supervisory Board of GERRY WEBER International AG decided on a far-reaching reorganization of the Managing Board to reorientate the company and foster the future concept. With great regret the Supervisory Board complied with the request by Ralf Weber to resign from his post as CEO of GERRY WEBER International AG at the end of the financial year 2017/18 on 31 October 2018.

Corporate News September 13, 2018

GERRY WEBER drives trans­form­a­tion of the business model, while sales and results drop

Group sales of GERRY WEBER International AG reached EUR 575.1 million in the first nine months of the financial year 2017/18, a decrease of 7.3% compared to the previous year (EUR 620.1 million).

Corporate News August 02, 2018

Chief Financial Officer Jörg Stüber leaves Managing Board of GERRY WEBER In­ter­na­tion­al AG at his own request

The CFO of Gerry Weber International AG, Jörg Stüber, has requested to be relieved of his duties due to health reasons.

Press release July 31, 2018

In­teg­ra­tion of HALLHUBER completed, Ac­count­ing, con­trolling, HR and logistic op­er­a­tions suc­cess­fully in­teg­rated into GERRY WEBER Group

Munich-based fashion company HALLHUBER has successfully integrated its accounting, controlling, human resources and logistic operations into the parent company, GERRY WEBER International AG. This move marks the completion of the HALLHUBER integration with the aim of leveraging positive synergies with the GERRY WEBER Group.

Corporate News July 30, 2018

Community of heirs takes over share­hold­ings of Udo Hardieck

Nina Lauterbach and Alexander Hardieck have taken over the shareholdings of their recently deceased father Udo Hardieck – one of the two founders of GERRY WEBER International AG.

Press release July 19, 2018

Re­or­gan­isa­tion of the GERRY WEBER Strategic Business Unit

As part of the Performance Programme for sustainable profitable growth, GERRY WEBER International AG reorganises the GERRY WEBER SBU (Strategic Business Unit). The organisation will be geared to the go-to-market model in order to respond fast and flexibly to short-term developments and fashion trends. In this context, the fashion company adopts a stringent vertical process approach that puts the customer centre-stage.

Corporate News June 13, 2018

GERRY WEBER rebuilds business model from scratch and launches com­pre­hens­ive Per­form­ance Programme for sus­tain­able prof­it­able growth

Performance Programme for sustainable growth with focus on go-to-market strategy, leaner structures and digitisation, New business model for faster and more flexible market approach, Consolidated revenues and EBIT decline in H1 2017/18, but the completed FIT4GROWTH programme has noticeable effect on earnings in Q2, Forecast for current financial year 2017/18 revised to reflect extraordinary charges resulting from the Performance Programme: Expected revenues of EUR 830 to 840 million and expected EBIT of EUR -10 to 0 million

Press release April 18, 2018

Michael Dot­ter­weich appointed GERRY WEBER Director Wholesale DACH

Michael Dotterweich, 49 years, will become GERRY WEBER Director Wholesale DACH with effect from 1 July 2018. In this capacity, he will be responsible for the entire wholesale distribution of the GERRY WEBER and talkabout brands.

Corporate News March 15, 2018

GERRY WEBER’s con­sol­id­ated sales revenues – a mixed bag

Drop in sales revenues of the GERRY WEBER Core segment to EUR 130.8 million weighs on the Group in Q1 2017/18, HALLHUBER’s revenues up 17.8% quarter-on-quarter to EUR 58.9 million, Management Board confirms the forecast for the fiscal year 2017/18

Press release March 13, 2018

GERRY WEBER’s second “Eva Capsule Col­lec­tion” is all about de­sirab­il­ity

Limited capsule collection, “Eva Herzigova selected for GERRY WEBER”, revolves around exclusivity and point-of-sale attraction.