Jack Wolfskin returns to growth
Jack Wolfskin is once again finding its stride. After a two-year decline, the German outdoor retailer, bought in 2011 by private equity firm Blackstone, has returned to growth, having recorded a 6.4% rise in its turnover at 345 million euros.
The details of its results have not yet been released, but it’s the international markets that have performed best.
"We began 2015 in a strong position. While the situation in our German and Austrian markets remains difficult, we are satisfied with the results of international markets, such as the United Kingdom and China," said Melody Harris-Jensbach (ex-Spirit), who joined Jack Wolfskin last November as its new CEO.
The German brand has also just directly acquired its Chinese business, which was previously managed by its partner Tristate Holdings. Jack Wolfskin has 700 stores in China.
Copyright © 2022 FashionNetwork.com All rights reserved.