Gerry Weber
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Gerry Weber International GmbH (formerly, ''Gerry Weber International AG'') is a German fashion manufacturer and retailer based in Halle (Westf.),
North Rhine-Westphalia North Rhine-Westphalia or North-Rhine/Westphalia, commonly shortened to NRW, is a States of Germany, state () in Old states of Germany, Western Germany. With more than 18 million inhabitants, it is the List of German states by population, most ...
. The business which was established in 1973 as Hatex KG by Udo Hardieck and Gerhard Weber is primarily known for its ladies' collections. Shares were listed on the
SDAX The SDAX (German abbreviation for ''Small-Cap-deutsche Aktienindex'') is a stock market index composed of 70 small and medium-sized companies in Germany. These so-called 'Small cap company, small caps' rank directly below the MDAX (mid-cap) shar ...
index, previously on the more important
MDAX The MDAX is a stock index which lists German companies trading on the Frankfurt Stock Exchange. The index is calculated by . It includes the 50 Prime Standard shares that rank in size immediately below the companies included in the DAX index. T ...
index of the
Frankfurt Stock Exchange The Frankfurt Stock Exchange (, former German name: , ''FWB'') is the world's 3rd oldest and 12th largest stock exchange by market capitalization. It has operations from 8:00 am to 10:00 pm ( German time). Organisation Located in Frankfurt, ...
. The company is led by three managing directors. In January 2019 Gerry Weber filed for insolvency; the projected closure of approximately 120 German shops affecting approximately 450 jobs (in addition to ~180 sales points in Europe) was disclosed in April 2019. In January 2020, the insolvency proceedings were discontinued upon request of the company. In March 2021, the sale of the logistics center was announced. In June 2020, the majority of insolvency creditors agreed to defer 35 percent of their claims until the end of 2023 to cushion the impact of
COVID-19 Coronavirus disease 2019 (COVID-19) is a contagious disease caused by the coronavirus SARS-CoV-2. In January 2020, the disease spread worldwide, resulting in the COVID-19 pandemic. The symptoms of COVID‑19 can vary but often include fever ...
.


See also

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Gerry Weber Stadion OWL Arena, formerly Gerry Weber Stadion, is a multi-purpose stadium, located in Halle, North Rhine-Westphalia, in Germany. The capacity of the arena is 12,300 people and it opened in 1993. In early 2020, a consortium of 13 sponsors became owner ...


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* 1973 establishments in West Germany Clothing brands of Germany Clothing companies established in 1973 Clothing retailers of Germany Companies based in North Rhine-Westphalia Companies listed on the Frankfurt Stock Exchange Halle (Westfalen) Retail companies established in 1973 Companies formerly in the MDAX {{germany-company-stub