Fashion: Gerry Weber Hires Business and Sells Its Brand

The fashion shops were an integral part of German inner cities. But the company came under pressure, gradually retreating. Soon the last store disappears.

Gerry Weber closes all of its stores in Germany. The Spanish fashion company Victrix takes over the brand and wants to sell it further through trading partners.

The days of the last three remaining Gerry Weber stores in Berlin are numbered. Now the bargain hunters are coming.

German fashion brand Gerry Weber will close its last 40 stores in a bid to save its business. It is also expected that the sale and distribution of fashion items will be taken over by Spanish company Victrix.

Gerry Weber closes all German locations, nine in Baden-Württemberg are also affected. The traditional brand disappears completely from the shopping streets after decades.

Spanish Victrix Group acquires insolvent fashion manufacturers and closes all branches. The eviction sale in Bergedorf is ongoing.