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

Feb. 16 (Bloomberg) -- 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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