DGAP-News: Gerry Weber International AG / Key word(s): Miscellaneous
Gerry Weber Retail reports excellent sales figures also in January
2014
13.02.2014 / 07:40
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Corporate News
GERRY WEBER Retail reports excellent sales figures also in January 2014
- Like-for-like revenues for first quarter of 2013/14 up 3.2%
- Clearly improved sales density per square metre in company-managed
stores
(Halle/Westphalia, 13 February 2014) According to preliminary figures
presented by the GERRY WEBER Group's Retail segment, the first quarter of
the current financial year saw like-for-like sales revenues rise by 3.2%
compared to the prior-year period. Like-for-like sales in the German Houses
of GERRY WEBER and mono-label stores even advanced by 5.1%. An independent
panel for the German textile industry shows nationwide fashion sales for
November, December 2013 up 5% and down 4% as well as for January 2014 up
2%, respectively.
With new stores included in the count, we expect to see total Retail sales
rise by approximately 13% in the first quarter of 2013/14. Apart from
consumers' good acceptance of our new, modern collections, this increase
was primarily driven by improved stock turnover rate in our company-managed
shops. While the stock turnover rate in the past financial year 2012/13 was
still below 4x, it was boosted to more than 6x in the first quarter of
2013/14. Our stores are set to achieve further productivity gains as a
result of the launch of new accessories and licensed products branded
'GERRY WEBER Accessories'.
We also plan to support our national and international wholesale partners
in optimising their showroom and inventory management. Our 'Trusted
Wholesale Limit Concept' allow retailers to tap into and to use our
constantly updated knowledge of current sales trends. CEO Gerhard Weber
explains the concept: 'Every day we receive detailed sales figures from
more than 6,000 points of sale worldwide. Our specialists know exactly
which collection items, colours and sizes are most sought after in our
individual geographic markets and shop types. This allows us to constantly
improve not only the presentation of our merchandise but also the
composition of collection shipments to specific retail spaces - a win-win
situation for both partners.'
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
</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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252381 13.02.2014
DGAP-News: Gerry Weber Retail reports excellent sales figures also in January 2014
| Source: EQS Group AG