Hallhuber news and archive

Gerry Weber secures bridge loan for Hallhuber

After filing the insolvency petition for Gerry Weber International, the company has announced that one of its investors has agreed to provide bridge financing of 10 million euros for its Hallhuber subsidiary. Commenting on the development, the company said in an ad hoc announcement: “With the proceeds from the bridging loan, the ongoing business...

People

Hallhuber CFO Richard Lohner resigns

Munich-based fashion company Hallhuber has announced that it has integrated its accounting, controlling, human resources and logistic operations into the parent company, Gerry Weber International AG. The company said, Richard Lohner, CFO of Hallhuber, who was responsible for the relocation of the commercial operations to Halle/Westphalia and...

People

Norbert Steinke resigns as Managing Director of Hallhuber

After resigning from the board of Gerry Weber International earlier, the company has announced that Norbert Steinke has given up his position as managing director of Hallhuber with immediate effect. Meanwhile, the company said that Hallhuber’s activities will be managed by Richard Lohner. Commenting on the development, Ralf Weber, CEO of Gerry...

Retail

Gerry Weber opens shop-in-shops at House of Fraser

German fashion company Gerry Weber International AG is strongly increasing its brand presence in the United Kingdom, as this fall sees Gerry Weber open seven shop-in-shops at high street department store House of Fraser. In the remaining months of 2015, the company will open shop-in-shops in Maidstone, Sutton Coldfield and Glasgow. The first...

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Business

Gerry Weber confirms international growth strategy

Fashion retailer Gerry Weber International at today's annual accounts press conference, confirmed the preliminary figures for the past fiscal year 2013/14 published at the end of January 2015. Despite difficult framework conditions, the firm was able to keep its sales revenues more or less unchanged at 852.1 million euros in the financial year...

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Business

Gerry Weber acquires Hallhuber

Germany fashion brand Gerry Weber International has agreed to buy Munich-based fashion group Hallhuber, as it looks to return to the menswear market as part of its expansion strategy. Gerry Weber is to purchase Hallhuber from private equity firm Change Capital Partners, for an undisclosed sum. The acquisition will give the Dortmund-based...