Tuesday, June 26, 2012

Gerry Weber approaches 800 million euros in sales

Gerry Weber never stops growing. The German group specialized in women's ready-to-wear announced an annual sales goal of 795 million euros versus 700 million from last year. During the first six months of its fiscal year 2011/2012, which began on November 1, the group has already seen its sales jump 10.5% to 376 million, with earnings at 47 million euros before interest and taxes. The retail business now represents 35% of the group's operations. Gerry Weber acquired its compatriot Wissmach in

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