Gerry Weber International Ag ADR (GRYIY)

Gerry Weber International AG was established in the year 1973. The Company operates in fashion and lifestyle sector. The Company maintains distribution in over 62 countries. The Company's business model is based on design, development, production as well as subsequent sale of ladies wear products and accessories. Its brands are GERRY WEBER, GERRY WEBER EDITION, G.W., TAIFUN and SAMOON. GERRY WEBER has two sub labels GERRY WEBER EDITION and G.W. TAIFUN brand is targeted at the younger Modern Woman. The Company operated 92 TAIFUN stores in Germany at the end of the fiscal year. SAMOON brand is targeted for plus sizes. SAMOON presents casual, self-confident fashion items made for women wearing size 42 plus. The Company distinguishes between two main segments, namely Retail segment and the Wholesale segment. The Retail segment comprises the domestic and international Houses of GERRY WEBER and Monolabel Stores, concession stores, factory outlets as well as the individual national online stores. The Wholesale segment comprises all distribution structures with external customers. The Company's franchise partners operate more than 271 Houses of GERRY WEBER, including 49 stores in Russia, 27 in the Middle East as well as stores in Canada and Australia.