Gerry Weber seals all branches in Lower Saxony: clearance sale started!
Gerry Weber seals all branches in Lower Saxony: clearance sale started!
In a dramatic step for the fashion industry in Germany, the traditional fashion provider Gerry Weber has announced that it would close all of his German branches. The sale has already started and offers bargains with discounts of up to 70 percent. In many places, however, the question arises: how long can you strike?
The bankruptcy application in self -administration was already submitted in March 2025, and the situation is serious. At that time, Gerry Weber still had 32 active businesses and 11 outlets. Despite the ongoing sales, the exact closing dates are uncertain. However, the company uses a takeover concept that has already been approved by a preliminary creditor committee and the administrator Lucas Flöther. The Spanish company Victrix will take over the Gerry Weber brand and is planning a restart under its own structures.
fate of business in Lower Saxony
The branches in Lower Saxony, including popular locations such as Oldenburg, Braunschweig and Bad Rothenfelde, are particularly affected. The company headquarters in Halle with around 280 employees are also closed. Internationally, another 400 employees are employed in Austria and other countries, while the business of the foreign subsidiaries are insolvent regardless of the German situation.The near future is anything but rosy for Gerry Weber. Rumors are circulating about a final closing date, with a closure in the room until August 31, 2025. The need for temporary help in Hamburg-Bergedorf confirms the pressing location.
crisis in the fashion industry
Gerry Weber is not only in this predicament. The fashion industry in Germany had been in a deep crisis for years. Reference attempts in 2019 and 2023 failed, and the number of bankruptcies continues to increase. In 2022, ten percent of German fashion manufacturers went out of the market. Due to the high inflation and increasing costs for energy, rents and wages, many buyers see their spending more skeptical, which also affects the sales of fashion providers. In this tense environment, companies such as Galeria Karstadt Kaufhof and Peek & Cloppenburg also lived through difficult times.
The German manufacturers have to face the challenges while demand decreases and the production costs rise rapidly at the same time. Gerry's Weber’s fate is therefore symptomatic of the problems with which the entire industry has to struggle. While sales rose by almost 20 percent compared to the previous year, they remain behind the 2019 figures.
In summary, it can be said that Gerry Weber is not only a remnant from past glorious times, but also a reflection of the current currents in the fashion industry. The brand must be reoriented and adjusted if it wants to survive in the future. It remains to be seen how the takeover by Victrix will develop and whether the Gerry Weber brand can shine again or disappears into the shadow of the crisis.For laypersons and experts, it remains exciting to observe how retail will develop in these most turbulent times after pandemic.
For more information, you can read the following articles: Kreiszeitung , Tagesschau and world .
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| Ort | Oldenburg, Deutschland |
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