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Gerry Weber to Open Up to 80 Clothes Stores This Year, Welt Says

German clothier Gerry Weber International AG plans to open as many as 80 new stores, mainly in Europe, Turkey and the U.S., this year, Die Welt said in a pre-release, citing owner Gerry Weber.

Sales growth this year will mainly come from the new openings, the newspaper cited Weber as saying.

“We can’t detect a crisis and continue to have a very large potential for growth,” said Weber, according to Die Welt.

To contact the reporter on this story: Brian Parkin in Berlin at bparkin@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net

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