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Gerry Weber rescued with EUR49.2m cash injection
2019-07-16 12:57:00| Daily apparel & textile news and comment - from just-style.com
Insolvent German women's wear retailer Gerry Weber International has struck an investment agreement with asset management firms Robus Capital Management and Whitebox Advisors in what it calls a "milestone" in securing the company's future.
Tags: cash
injection
weber
gerry
Gerry Weber sells Hallhuber to Robus Capital
2019-07-08 15:36:00| Daily apparel & textile news and comment - from just-style.com
Insolvent German women's wear retailer Gerry Weber International has sold a majority stake in its core Hallhuber business to a fund managed by Robus Capital Management.
Tags: capital
sells
weber
gerry
Gerry Weber begins preliminary insolvency proceedings
2019-01-28 12:56:00| Daily apparel & textile news and comment - from just-style.com
Struggling German women's wear retailer Gerry Weber International has entered into preliminary insolvency proceedings after negotiations with its financing partners broke down.
Tags: proceedings
begins
preliminary
weber
Gerry Weber adjusts FY results to report wider loss
2019-01-15 11:10:00| Daily apparel & textile news and comment - from just-style.com
Struggling German fashion retailer Gerry Weber has adjusted its preliminary results for the financial year 2017/18 to reflect a EUR44.2m (US$m) impairment - the vast majority of which it says is related to its core Hallhuber brand.
Tags: results
report
loss
wider
Gerry Weber to close 230 stores as FY earnings plummet
2018-12-10 13:27:00| Daily apparel & textile news and comment - from just-style.com
Struggling German fashion retailer Gerry Weber has announced it will close 230 stores and cut its workforce, warning it expects a "significant loss" in earnings for the full year fuelled by restructuring costs, depreciation and write-downs.
Tags: close
stores
earnings
weber
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