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In Braunschweig: Gerry Weber closes all shops – what now?
Gerry Weber closes all stores in Germany, including the branch in Braunschweig, after bankruptcy. Victrix takes over the brand.
In Braunschweig: Gerry Weber closes all shops – what now?
In a surprising turn of events, popular fashion chain Gerry Weber has closed all of its stores in Germany after the company filed for bankruptcy. The branch in the Schloss Arkaden, one of the central shopping destinations in Braunschweig, will also be affected. The news came on June 14, 2025 and affected not only the workforce but also the brand's loyal customers. News38 reports that The Spanish fashion company Victrix has already won the contract for the Gerry Weber brand, but will close all around 40 shops and outlets in Germany.
The decision to close was approved by the provisional creditors' committee and the administrator Lucas Flöther. Jerry Weber had tried several times in recent years to save himself through renovation measures, but the attempts were unsuccessful T-Online reports. As part of a comprehensive recovery plan, 122 of 171 owned stores and outlets have already been closed, which has had a significant impact on around 450 jobs.
The background to the bankruptcy
The current bankruptcy is part of a worrying trend in the German fashion industry, which is accompanied by bankruptcies. Loud daily news Large chains such as Galeria and Esprit as well as Gerry Weber struggled with the difficult market situation. The causes are diverse: The energy crisis, rising rental prices and falling purchasing power have caused consumers to act more cautiously. Many people are holding back on their spending, which is causing additional problems for stationary retail.
Victrix's new concept envisages Gerry Weber being offered in the future through trading partners who also sell other brands. The company from Mataró near Barcelona wants to change production processes in order to continue the brand, even if the shops in Germany remain closed. It has not yet been disclosed how much Victrix paid to acquire the brand; the financial details remain secret.
The future of the fashion industry
Despite court rulings that have been positive for some fashion chains, the industry as a whole appears to be in trouble. Germans' purchasing mood remains subdued, even if some companies are able to develop positively in terms of sales. The exact number of closures and bankruptcies will continue to be monitored in the coming months, while online textile retailers have to be happy about the steadily decreasing stationary competition.
The example of Gerry Weber once again illustrates how rapidly the industry is changing and how unreliable it has become for employees. The closure of the Schloss Arkaden branch is not only a loss for the employees, but also for many customers who valued the brand's fashion and service.