Gerry Weber closes all business: bankruptcy meets Berlin fashion industry!

Gerry Weber closes all business: bankruptcy meets Berlin fashion industry!

Berlin, Deutschland - Gerry Weber, a German fashion manufacturer, closes all shops in Germany. This was announced on May 30, 2025 by an official announcement by the company from Halle/Westphalia. The well -known brand has been under pressure for a long time, and all previous renovation attempts have failed. The bankruptcy is another setback for the already crousing fashion industry, which is characterized by several bankruptcies affected.

The main reason for closing all 40 stores and outlet centers in Germany are the long-lasting financial difficulties of Gerry Weber. Branches in other European countries will also have to close. In Berlin, Gerry Weber recently had three branches, and Shops were also affected in Potsdam, Brandenburg an der Havel and an outlet center in Wustermark (Havelland). The economic details of the sale of the brand to the Spanish fashion company Victrix are currently not known.

takeover by Victrix

The takeover by Victrix opens up new perspectives. The new owner plans to offer Gerry Weber clothing in shops that also run other brands. Despite the challenges, it remains to be seen whether this reorientation can help the traditional company make a comeback.

In a broader context, the fashion industry in Germany showed a small improvement, but the purchase mood of consumers remains steamed. According to reports from the German Fashion Association GermanFashion, there was an increase in sales of 10.8 percent last year. Nevertheless, large fashion chains such as Peek & Cloppenburg and Bree also went insolvent, which underlined uncertainty in the industry. The causes of the bankruptcies are diverse, including the energy crisis and the reduced purchasing power of consumers.

In addition, logistics and raw material prices increase, which is a challenge for many companies. Despite a slight increase in the number of employees in the industry by almost four percent, the forecasts for 2024 are rather negative. Companies like C&A are planning to expand their branches in order to be able to react more flexibly to market conditions, while western fashion chains are increasingly under pressure from online retailers.

The challenges of the Gerry Weber Group are an example of the serious problems with which the German fashion industry is currently confronted. While the takeover by Victrix could open up new possibilities, the question remains whether this is sufficient to lead the brand out of the crisis.