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DGAP-News: Gerry Weber International AG / Key word(s): Miscellaneous/Miscellaneous GERRY WEBER Retail back on the growth track

09.01.2014 / 07:45

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Corporate News

GERRY WEBER Retail back on the growth track

- Retail revenues rise to EUR 104 million in Q4 2012/13

- Like-for-like Retail revenues in Q4 2012/13 up 3.1% on previous year

- Positive trend of the fourth quarter 2012/13 continues in November and December 2013

- E-shop starts the new fiscal year with 18.4% growth

(Halle/Westphalia, 9 January 2014) According to preliminary figures, the Retail segment of GERRY WEBER International AG generated sales revenues of EUR 104 million in the fourth quarter of 2012/13 (Q4 prev. year: EUR 85.2 million), giving impressive proof of its role as the growth driver of the GERRY WEBER Group. This represents an increase of approximately 22% on the previous year. The rise in sales revenues was attributable not only to the newly opened company-managed Retail stores but also to the established Houses of GERRY WEBER. Like-for-like Retail revenues were up by 3.1% in Q4 2012/13 on the previous year, thus outperforming the German fashion market as a whole, which, according to a panel of Germany's leading magazine for the textiles sector, reported like-for-like growth of +1% in August 2013 and of +/-0% and -3% for September and October 2013, respectively.

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PRESS RELEASE: GERRY WEBER Retail back on the growth track