DGAP-News: Gerry Weber Retail reports excellent sales

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Feb 13, 2014 at 1:45 AM

DGAP-News: Gerry Weber Retail reports excellent sales figures also in January 2014

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 --------------------------------------------------------------------- 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 NeulehenstraÃ?e 8 NeulehenstraÃ?e 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 --------------------------------------------------------------------- 13.02.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Gerry Weber International AG NeulehenstraÃ?e 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 DÃ¼sseldorf, Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 252381 13.02.2014

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