Gerry Weber International AG news and archive

Gerry Weber brand rights acquired by Spanish Victrix Group

German fashion brand Gerry Weber has found a new home. The international brand rights have been taken over by the Spanish Victrix Group, owner of the Punt Roma brand, the groups confirmed upon FashionUnited's inquiries. The news was already confirmed in a press release about the relaunch of Gerry Weber's Dutch stores. “In addition to the brand...

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Insolvency wave at gerry weber: Austrian subsidiary declared insolvent

Following insolvencies in Germany, Belgium and the Netherlands, insolvency proceedings have now also been opened for Gerry Weber in Austria. As announced on Friday by the Alpenländische Kreditorenverband (AKV), corresponding proceedings were initiated at the Commercial Court of Vienna regarding the assets of Gerry Weber Vertriebs GmbH. At the...

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Gerry Weber files for insolvency petition to restructure German retail business

Gerry Weber International AG has undertaken the financial restructuring process of the company and will file an application for the initiation of proceedings with the competent local court in Essen for this purpose on April 19, 2023. The company said in a statement that the restructuring project is a result of complex challenges posed by...

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Gerry Weber receives 49.2 million euros in funding

Gerry Weber International Ag has announced that in the ongoing insolvency proceedings under self-administration, the company has received 49.2 million euros (55 million dollars) in funding from Robus Capital Management Ltd. and Whitebox Advisors LLP. Commenting on the development, Johannes Ehling, spokesman of the managing board of Gerry Weber...