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.
The good trend of the fourth quarter of 2012/13 continued in the first
months of the new fiscal year 2013/14. Like-for-like Retail revenues in
Germany were up by 3.5% in November and by 2.7% in December 2013. This
compares with +5.0% and -4% for the German fashion industry as a whole in
November and December 2013, respectively.
The positive performance shown by all distribution channels is attributable
not only to the weather-related higher footfall but also to the high
quality of our fashion collections. 'Especially the first two themes of the
new spring/summer collection, which have been available in the stores since
mid of October, meet our customers' expectations and have good sell-through
rates at all our partners in Germany and abroad,' says Gerhard Weber, CEO
of the GERRY WEBER Group. 'The past years have seen us work to modernise
and restructure our collections and we are now benefiting from this
continuous optimisation process.'
The positive trend is not only confined to Germany but can also be felt in
other European core markets of the Group. Markets begin to stabilize and
indicate an improvement of the overall situation. The e-shop grew by 23.8%
in Q4 2012/13 and started the new fiscal year with an increase in sales of
18.4%. It is planned to launch the e-shop in more countries and to add
another marketplace in the current fiscal year.
Ralf Weber, Board member in charge of the Retail segment, says: 'It is a
great success that we were able to outperform the fashion industry at the
beginning of the new fiscal year, especially with regard to the
like-for-like figures in Germany and abroad. The positive performance of
the new stores opened in the past two years also makes us optimistic about
the future.'
Admitted to the Regulated Market of the Frankfurt Stock Exchange (Prime
Standard)
ISIN: DE0003304101
WKN: 330410
<pre>
Investor Relations Contact Press Contact
GERRY WEBER International AG GERRY WEBER International AG
Claudia Kellert Nina Lauterbach
NeulehenstraÃe 8 NeulehenstraÃe 8
D - 33790 Halle/Westphalia D - 33790 Halle/Westphalia
phone.: +49 (0) 52 01-185 8422 phone: +49 (0) 52 01-185 320
email: c.kellert@gerryweber.de email: n.lauterbach@gerryweber.de
email: a.hengelage@gerryweber.de
</pre>
End of Corporate News
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Language: English
Company: Gerry Weber International AG
NeulehenstraÃe 8
33790 Halle/Westfalen
Germany
Phone: +49 (0)5201 185-0
Fax: +49 (0)5201 5857
E-mail: c.kellert@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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DGAP-News: GERRY WEBER Retail back on the growth track
| Source: EQS Group AG