Georg Weishaupt covers the retail sector for Handelsbaltt.
Family-owned Mittelstand companies have a problem when the older generation of founders stay on too long. Fashion firm Gerry Weber, which declared insolvency last Friday, may be the latest casualty.
Berlin Fashion Week starts Tuesday and promises glamour, beauty and big business. But no matter whether you’re looking at the runway or the main street, the German clothing business is not in a good way.
Esprit’s new CEO plans to haul the clothing company out of the red over three years with job cuts and store closures. Industry watchers are skeptical.
When Evi Brandl, one of Germany's richest women, bought luxury handbag-maker Etienne Aigner, it was in debt and mismanaged. Now, it’s thriving.
Marc Heussinger has resigned from Aldi Nord and is likely to be replaced by his deputy, Torsten Hufnagel. As the company prepares for a spurt of growth, there will be plenty on his plate.
Germany is one of 72 countries that the Japanese retailer, which has developed an innovative way of assessing its customers' size, hopes to conquer this fall. It will first offer casualwear before branching into office attire.
German clothing retailers joined forces four years ago to improve working conditions in Asian textile factories after a devastating factory collapse in Bangladesh. But as talk now turns to action, they’re jumping ship.
About You, a Zalando competitor, raised $300 million and is now valued $1 billion. Its new Danish investor owns Jack & Jones and other clothing brands.
Selling clothes online can be hard. But German start-ups like Berlin's Outfittery are growing fast by offering customized services with personal stylists and fancy algorithms that know what you want, even if you didn't.
Henkel, the maker of Schwarzkopf shampoo and Loctite glue, was a solid financial performer in 2017. But the family-controlled company has become distracted by a North American misadventure.