Gerry Weber, based in Halle/Westphalia, Germany, is one of Europe’s largest fashion and lifestyle companies that combines three strong brands under one umbrella: Gerry Weber, Taifun and Samoon, all synonymous with classic modern, high-quality and trend-oriented. fashion. Since its founding in 1973, Gerry Weber has become one of Germany’s most iconic brands, with a presence in over 54 countries.
PDS Limited, a global fashion infrastructure company, has announced a strategic sourcing partnership between its subsidiary, Techno Design GMBH, and Gerry Weber, one of Europe’s leading fashion and lifestyle companies. Techno Design will take over Gerry Weber’s existing sourcing operations and provide global sourcing services for the brand.
As part of this transaction, Techno Design will take over Gerry Weber’s existing sourcing operations and serve all global sourcing needs for the Gerry Weber brand. Techno Design will provide inputs for product development, manage the selection and monitoring of manufacturing facilities as well as capacity planning. Techno Design will also be responsible for meeting brand compliance, sustainability and quality requirements, the companies said in a joint press release.
Techno Design, a key subsidiary of PDS, operates under the direction of Rajive Ranjan, an experienced veteran with over 25 years of experience in the fashion industry. Recognized for its innovative and vertically integrated end-to-end sourcing solutions for apparel, home textiles and durable goods, Techno Design provides a highly competitive sourcing structure that promotes agility and proximity to the consumer and enables retailers and brands to improve profitability through favorable sourcing strategies and credit terms. Based in Germany, Techno Design has a global presence with sourcing offices in markets such as India, Sri Lanka, Bangladesh, China, Turkey, among others. Additionally, by being part of PDS, Techno will support the diversification of the current supply mix and enable Gerry Weber to adapt to changing market demands by offering an agile and adaptive supply platform.
“We believe in the brand and look forward to working with Gerry Weber in a true strategic partnership. Together, we are committed to providing the best product to Gerry Weber consumers,” said Rajive Ranjan, Managing Director, Techno Design GmbH.
Angelika Schindler-Obenhaus, CEO Gerry Weber International AGabout the transaction: “Techno Design has a very good reputation in the market and brings other key prerequisites for a successful partnership. Experience in taking over a sourcing organization, financial strength and innovation. In addition, we quickly found a basis of trust with each other. For us, as well as for Techno Design, this is about maximum continuity. Because one thing is clear: quality, fit and reliability of delivery must remain our strengths.”
Pallak Seth, Executive Vice President, PDS, said, “With the latest partnership with Gerry Weber, Techno Design will once again demonstrate its capability and operational excellence working with an iconic global brand. At PDS and our group companies, we leverage our strengths and global network to deliver innovative and comprehensive supply solutions, so retailers can focus on their core business.
Sanjay Jain, Group CEO, PDS, added “Over the past two years, PDS’ bespoke sourcing solutions have enabled foodservice brands and retailers to offer innovative plug-and-play solutions for all of their sourcing and manufacturing needs. PDS has curated specialist solutions including Sourcing as a Service, Brand Management Services and is now expanding to support all global sourcing operations for brands. We are also constantly innovating in our offerings to stay ahead of the game and remain a critical partner in the global fashion value chain.
Fibre2Fashion (KD) News Desk