Home / Knowledge / News / Apparel/Garments / Faster collection intervals to accelerate growth of GERRY WEBER
Faster collection intervals to accelerate growth of GERRY WEBER
29
Sep '08
Despite the ongoing crisis in the German retail trade, GERRY WEBER International AG further widened its lead over its competitors by posting new record sales and earnings for the first nine months of 2007/2008. With Group sales and EBIT up 12.8 percent and 26.4 percent, respectively, the GERRY WEBER Group once again demonstrated its strong business trend in a continuing weak environment and set itself apart from the industry.

“The crisis highlights the wisdom of our past restructuring programmes which are now bearing fruit. We have optimised our procurement and production structures, introduced an efficient logistics system and created a flexible distribution system. We can now respond swiftly to changes in all areas and act on all opportunities presenting themselves in the marketplace”, said CEO Gerhard Weber explaining his company's unbroken pace of growth. He added: “The key to our success lies in the fact that we increasingly assume responsibilities at the point of sale.”

Incoming orders for the first and second spring/summer collection 2009 also grew at a brisk pace and were up by 14.0 percent following another expansion of international market shares particularly in eastern Europe as well as in the Middle and Far East. The GERRY WEBER Group's export share has meanwhile risen to some 50 percent and the excellent order book underpins the Group's forecast which envisages another record sales figure for the year 2008/2009.

The GERRY WEBER Group has long been instrumental in its retail partner's success and remains committed to its successful cooperation with retailers.

“Our close partnership with retailers remains our single most important success factor. To continue our expansion even in challenging times, we have to make sure that our retail partners can earn solid profits on our products. For several years we have offered our customers higher mark-ups than our competitors and we also score the highest sell-through ratios in the ladieswear retail sector. As retail sales slump, retailers tend to focus on products which give them profits", said Gerhard Weber.

Moreover, EDI data links to 1,800 retailers as well as to all HOUSES OF GERRY WEBER constantly keep the fashion and lifestyle company abreast of the latest trends at the point of sale. The insights gained from the data not only inform the company's own retail business but are also made available to its retail partners. “We do not force our fashion onto our consumers but design our products from the point of sale up. At our stores we immediately see what goes down best with customers and can design our collections accordingly”, the company's CEO explained.

The GERRY WEBER Group has modified its collection intervals in order to continue to grow despite the recession in the German retail trade. For the 2009 summer season, the company will for the first time present four collections with twelve themes instead of three collections comprising 14 themes. New trends can now be implemented faster and it is possible to design even more fashionable collections which are even more attractive to consumers.


Must ReadView All

India’s WPI inflation for textiles up 0.3% in Nov 2017

Textiles | On 14th Dec 2017

India’s WPI inflation for textiles up 0.3% in Nov 2017

India’s annual rate of inflation, based on monthly wholesale price...

Cambodia’s economic growth to remain strong in 2017 & 2018

Apparel/Garments | On 14th Dec 2017

Cambodia’s economic growth to remain strong in 2017 & 2018

Cambodia’s economy is expected to grow at 6.9 per cent and 6.8 per...

2 garment factories to be set up in Jordan’s Arjan, Souf

Apparel/Garments | On 14th Dec 2017

2 garment factories to be set up in Jordan’s Arjan, Souf

Jordanian Prime Minister Hani Mulki recently laid the foundation...

Interviews View All

Top executives
Textile industry, India

The event should be organised every year

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search