DGAP-News: GERRY WEBER accelerates its international expansion; Retail operations primarily focus on Europe and online commerce
(firmenpresse) - DGAP-News: Gerry Weber International AG / Key word(s): Miscellaneous
GERRY WEBER accelerates its international expansion; Retail operations
primarily focus on Europe and online commerce
14.10.2013 / 09:15
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CORPORATE NEWS
GERRY WEBER accelerates its international expansion; Retail operations
primarily focus on Europe and online commerce
(Halle/Westphalia, 14 October 2013) Having successfully expanded its Retail
operations in Austria, the Netherlands and Belgium, GERRY WEBER continues
its expansion outside the German home market. In the coming months, GERRY
WEBER plans to open further company-managed Houses of GERRY WEBER in Poland
and to enter the Czech, Slovakian and Swedish markets. The new markets are
concentrated around countries where the company's Retail operations are
already successful such as Denmark and Poland, which means that the brand
can build not only on the visibility of its existing local franchised
stores but also on its brand awareness in neighbouring countries.
The company hopes that the Retail expansion will give it better control
over the brand image as well as more direct access to end customers. Ralf
Weber, Board member in charge of the Retail operations, says: 'Thanks to
long-standing experience, the company has been able to gain important
knowledge of the output markets and to establish the GERRY WEBER brand with
consumers.'
The 21.2% increase in nine-month Retail revenues from EUR 259.7 million
(previous year: EUR 214.3 million) is primarily attributable to the new
stores opened over the past years. As of 31 July 2013, the Retail segment
accounted for approx. 43.8% of total sales revenues, compared to 38.6% in
the previous year. This share is expected to increase to 50% in the medium
term.
In Poland, GERRY WEBER opened its first own stores back in October 2011.
With another HoGW to open soon in a prime location in Gdynia, near Gdansk,
the number of Polish stores will increase to 17, with another five to
follow next year. This expansion follows on from the opening of the new
store at Warsaw's Centrum Handlowe Arkadia on 20 September 2013, which
attracted great media coverage. Based on excellent market analyses and the
high brand awareness, the company sees potential for a total of 25 stores
in Poland.
The Czech market will be entered in December 2013, when a store will be
opened at the prestigious EKZ Novy Smichov Center in Prague. Another two
stores are scheduled to open in the Czech capital before the end of the
fiscal year 2013/14. The first company-managed Retail store in Bratislava,
Slovakia, is set to open in the coming months. After the extremely
successful Retail expansion in Poland, the fiscal year 2013/14 will see the
focus of GERRY WEBER's Retail operations shift to the Czech Republic and
Slovakia.
In Scandinavia - just like in Poland and the other new markets - the
expansion of the Retail activities will focus on prime locations in the
large metropolitan cities. The first company-managed House of GERRY WEBER
in Malmö, Sweden, will be opened already in the first half of fiscal year
2013/14, with two stores in famous shopping centres in Stockholm to follow
shortly.
Besides the company's Retail stores, online commerce is playing an
increasingly important role. With the Polish online shop launched in
September 2013, GERRY WEBER now operates a total of five online shops,
namely in Germany, Austria, Switzerland, the Netherlands and Poland. More
online shops to support the company's Retail activities are at the planning
stage.
Investor Relations Contact: Public Relations Contact:
GERRY WEBER International AG GERRY WEBER International AG
Claudia Kellert Nina Lauterbach
Neulehenstraße 8 Neulehenstraße 8
D - 33790 Halle/Westfalen D - 33790 Halle/Westfalen
Tel.: +49 (0) 52 01 - 185 8422 Tel.: +49 (0) 52 01 - 185 320
E-mail: c.kellert(at)gerryweber.de E-mail: n.lauterbach(at)gerryweber.de
End of Corporate News
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14.10.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: Gerry Weber International AG
Neulehenstraße 8
33790 Halle/Westfalen
Germany
Phone: +49 (0)5201 185-0
Fax: +49 (0)5201 5857
E-mail: c.kellert(at)gerryweber.de
Internet: www.gerryweber-ag.de
ISIN: DE0003304101
WKN: 330410
Indices: MDAX
Listed: Regulierter Markt in Düsseldorf, Frankfurt (Prime
Standard); Freiverkehr in Berlin, Stuttgart
End of News DGAP News-Service
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234398 14.10.2013
Themen in dieser Pressemitteilung:
gerry-weber-accelerates-its-international-expansion
retail-operations-primarily-focus-on-europe-and-online-commerce
Unternehmensinformation / Kurzprofil:
Datum: 14.10.2013 - 09:15 Uhr
Sprache: Deutsch
News-ID 305309
Anzahl Zeichen: 6429
contact information:
Kategorie:
Business News
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