Gerry Weber International AG (GWI1), Germany\u2019s second-largest women\u2019s clothing maker, said it plans to open stores in Istanbul by 2012 as the first step in setting up a chain of outlets across Turkey.<\/p>\n
Gerry Weber aims to start two shops with a local partner as early as the end of this year, Gulay Taskiran, head of the retailer\u2019s Turkish unit, said today in a telephone interview.<\/p>\n
\u201cWe are in talks with four to five leading Turkish retail groups,\u201d she said, declining to identify any candidates. \u201cWe want to sign a franchise agreement with one of them this year that fits best in our style and quality.\u201d<\/p>\n
The German company, based in Halle in the state of North Rhine-Westphalia, had 431 stores worldwide under its own brand and 2,122 outlets through other retailers such as space at department stores as of April 30, according to the company\u2019s fiscal second-quarter report. Gerry Weber may open as many as 15 stores in Turkey, Taskiran said.<\/p>\n
The company also plans to expand purchases from Turkish textile manufacturers from about 80 million euros ($115 million) a year currently, Taskiran said. Suppliers in the country already account for 90 percent of jersey fabric that Gerry Weber uses in making clothes, she said.<\/p>\n
To contact the reporter on this story: Ercan Ersoy in Istanbul at eersoy@bloomberg.net.<\/p>\n
To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net.<\/p>\n
via Gerry Weber Plans Clothing Stores in Turkey With Local Partner – Bloomberg.<\/p>\n","protected":false},"excerpt":{"rendered":"
Gerry Weber International AG (GWI1), Germany\u2019s second-largest women\u2019s clothing maker, said it plans to open stores in Istanbul by 2012 as the first step in setting up a chain of outlets across Turkey. Gerry Weber aims to start two shops with a local partner as early as the end of this year, Gulay Taskiran, head […]<\/p>\n","protected":false},"author":83,"featured_media":68792,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[846],"tags":[5956],"class_list":["post-36277","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-weber"],"_links":{"self":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts\/36277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/users\/83"}],"replies":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/comments?post=36277"}],"version-history":[{"count":0,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts\/36277\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/media\/68792"}],"wp:attachment":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/media?parent=36277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/categories?post=36277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/tags?post=36277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}