Gerry Weber continues to count on franchising
Over the 2005/2006 business year, fashion specialists, Gerry Weber International, are planning to open up 65 "Houses of Gerry Weber", 47 of which are to be run by franchise partners.
According to a report on the Internet portal, www.finanznachrichten.de, the company is planning to have set up between 300 and 400 new company-run or franchise-run shops by 2008. In addition to this, a further 100 shop-in-shop businesses should also be set up each year.
Only just recently, one of the company’s franchise partners opened up a Gerry
Weber Edition Store at Berlin’s new main train station. Gerry Weber
International AG’s sales target for the 2005/2006 year lies at 440 million
euros, a figure which should increase to 500 million euros in 2007.