Fashion brand Gerry Weber will continue to exist: 8 stores reopen after run on clearance sales

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Fashion brand Gerry Weber will continue to exist: 8 stores reopen after run on clearance sales

Fashion brand Gerry Weber will continue to exist: 8 stores reopen after run on clearance sales
New owner
By RTL Z Modified :
© ANP Fashion brand Gerry Weber will continue to exist: 8 stores reopen after run on clearance sales
RTL

The Dutch branch of women's fashion chain Gerry Weber, which went bankrupt at the end of last month, has managed to make a fresh start. A Spanish investor sees a future in the brand, and is reopening eight stores in the Netherlands after the clearance sale proved to be very successful.

The Dutch bankruptcy was largely the result of the major financial problems at the German parent company. In the Netherlands, the company was actually quite successful.

In recent weeks, the chances of a complete restart of Gerry Weber Netherlands rapidly diminished as more and more of the 38 Dutch stores closed their doors. Now, at the last minute, a new party is stepping in. The Spanish Victrix Group, known for the fashion brand Punt Roma, is buying the brand rights and is also taking over a number of clothing designers from Gerry Weber.

Gerry Weber's Dutch fashion stores bankrupt, 175 jobs lost