FORM 6-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934

ThirdStephan QuarterSchambach EarningsHands WarningOver CEO Role to Dr. Juergen Schoettler

INTERSHOP Communications Aktiengesellschaft

(Name of Registrant)

INTERSHOP Communications Stock Corporation
(Translation of registrant’s Name into English)

Intershop Tower
07740 Jena
Federal Republic of Germany
(011) 49-3641-50-0
(Address and Telephone Number of registrant’s Principal Executive Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F [X]

Form 40-F [_]

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the SEC pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:

Yes [ ]

No [X]

If “Yes”is marked, indicate the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A

Intershop ~~Announces~~Founder ~~Revised~~Stephan ~~Expectations~~Schambach ~~For~~Hands ~~Fiscal~~Over ~~Year~~CEO ~~2003;~~Role ~~Company~~to ~~Announces~~Dr. ~~Significant~~Juergen ~~Restructuring Initiatives~~Schoettler

Jena, Germany, - July 214, 2003 –Intershop Communications AG (~~Nasdaq: ISHP;~~ Prime Standard: ISH1); ~~today~~Nasdaq: ISHP) announced ~~revised~~that ~~revenue~~the ~~and~~Company’s ~~EBITDA~~founder ~~expectations~~Stephan ~~for~~Schambach ~~fiscal~~has ~~year~~handed ~~2003,~~over ~~ending~~the ~~December~~position 31of Chief Executive Officer to Dr. Juergen Schoettler, ~~2003~~effective today. ~~Intershop~~This ~~also~~change ~~announced~~in ~~significant~~leadership ~~restructuring~~was ~~initiatives~~approved by Intershop’s Supervisory Board.

~~Due~~Stephan toSchambach, ~~lower~~previously ~~than~~Intershop’s ~~expected~~CEO ~~second~~and ~~quarter~~Chairman ~~2003 total revenue~~ of ~~approximately~~the ~~Euro~~Management ~~6 million~~Board, ~~Intershop~~will ~~expects~~remain toa ~~generate~~Member ~~fiscal~~of ~~year 2003 revenue in~~ the ~~range~~Management ofBoard ~~Euro 20 million to 25 million as well as negative EBITDA (earnings before interest, taxes, depreciation~~ and ~~amortization)~~focus ofon ~~approximately~~strategy ~~Euro 20 million. The company had previously expected total fiscal year 2003 revenue to be slightly lower than last year’s total revenue of Euro 45.1 million~~ and aproduct ~~negative EBITDA of approximately Euro 5 million~~development.

~~Due~~Stephan toSchambach ~~weaker~~said, ~~than~~“As ~~expected~~the ~~revenue~~founder inand ~~the~~long-serving ~~first~~CEO ~~half~~ of ~~2003~~Intershop, I have decided to hand over the leadership of ~~approximately~~the ~~Euro~~Company 12to my colleague Dr.4 ~~million~~Juergen Schoettler. Since Intershop’s founding in 1992, ~~lower~~I ~~expectations~~have ~~for~~built and led the ~~remainder~~Company. ofWith the ~~fiscal~~launch ~~year~~of ~~2003~~our Unified Commerce Management concept, we have defined a new market segment and anreleased ~~available~~a ~~cash~~new ~~balance~~software ofproduct ~~approximately~~suite. ~~Euro~~In 3order ~~million~~to asensure a successful roll-out of ~~June~~the ~~30,~~Company’s ~~2003~~new strategy, we must focus on operational excellence. Since joining Intershop islast ~~implementing~~year, ~~several~~Dr. ~~significant~~Schoettler ~~restructuring~~has ~~initiatives~~proven to be a smart and effective leader. In my new role, I will concentrate on product and market strategy, and I will spend more time with customers.”

InDr. ~~line~~Schoettler ~~with~~stated, ~~revised~~“It ~~revenue~~is ~~expectations~~an ~~for~~honor ~~fiscal~~to ~~year~~have ~~2003,~~been ~~Intershop’s~~selected ~~restructuring~~to ~~initiatives~~take ~~include~~on athe ~~significant~~role ~~reduction in worldwide headcount~~ of ~~445~~CEO ~~employees~~at ~~as of June 30, 2003~~Intershop. ~~Headcount~~I ~~reductions~~am ~~will~~clearly ~~impact~~focused ~~most~~on ~~areas~~maximizing of the ~~company,~~commercial ~~with~~potential ~~the~~of ~~least~~Intershop’s ~~impact~~renown ~~expected~~online incommerce ~~research~~software technology and ~~development~~on assignificantly strengthening the ~~company~~operational ~~seeks to preserve its core technological expertise~~business. ”

ToDr. ~~serve~~Schoettler has served as Intershop’s Chief Financial Officer (CFO) and as a Member of the ~~international~~Management ~~markets,~~Board since joining the ~~company~~Company in April 2002. Dr. Schoettler will ~~foster~~jointly ~~indirect~~perform ~~sales~~the ~~through~~tasks ~~local~~of ~~distributors.~~CEO and CFO.

InInvestor ~~addition~~Relations ~~to these initiatives, Intershop continues to explore alternatives to strengthen its cash position. As of June 30, 2003, Intershop expects to record cash, cash equivalents, marketable securities,~~ and ~~restricted~~Press: Klaus ~~cash totaling Euro 10~~F.5 ~~million,~~Gruendel T: as+49-3641-50-1307 F: ~~compared to Euro 16~~+49-3641-50-1002 k.~~7 million as of March 31, 2003~~gruendel@intershop. ~~Intershop anticipates that approximately Euro 5 million in currently restricted cash will become unrestricted in the near future~~com www.intershop.de

About Intershop ~~will report complete financial results for the second quarter of 2003 and will provide further details on the restructuring measures on July 31, 2003.~~

~~Investor~~Intershop ~~Relations~~Communications (Nasdaq: ISHP; Prime Standard: ISH1) is the market leader in Unified Commerce Management, which can create strategic differentiation for companies by integrating online commerce processes across the extended enterprise. Intershop Enfinity, based on the best practices of Unified Commerce Management, enables companies to manage multiple business units from a single commerce platform, optimize their business relationships, improve business efficiencies and ~~Press~~cut costs to increase profit margins. By streamlining business processes, companies can achieve a higher return on investment at a lower total cost of ownership, increasing the lifetime value of customers and partners. Intershop has more than 300 enterprise customers worldwide in a broad range of industries, including multichannel retail and high technology. Customers including Hewlett-Packard, Bosch, BMW, TRW, Bertelsmann, Otto and Homebase have selected Intershop's Enfinity as the cornerstone of their global online commerce strategies. More information about Intershop can be found on the Web at http: //www.intershop.com.

~~Klaus~~This Fnews release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. ~~Gruendel~~ Actual events or performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such difference could include, among other things: Intershop's limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, general economic conditions, and uncertainty regarding the unlocking of currently restricted cash. Additional information regarding factors that potentially could affect Intershop's business, financial condition and operating results is included in Intershop's filings with the Securities and Exchange Commission, including the Company's Form 20-F dated June 6, 2003.

T: +49-3641-50-1307

F: +49-3641-50-1002

k.gruendel@intershop.com

www.intershop.de

About Intershop

Intershop Communications (Nasdaq: ISHP; Prime Standard: ISH1) is the market leader in Unified Commerce Management, which can create strategic differentiation for companies by integrating online commerce processes across the extended enterprise. Intershop Enfinity, based on the best practices of Unified Commerce Management, enables companies to manage multiple business units from a single commerce platform, optimize their business relationships, improve business efficiencies and cut costs to increase profit margins. By streamlining business processes, companies can achieve a higher return on investment at a lower total cost of ownership, increasing the lifetime value of customers and partners. Intershop has more than 300 enterprise customers worldwide in a broad range of industries, including multichannel retail and high technology. Customers including Hewlett-Packard, Bosch, BMW, TRW, Bertelsmann, Otto and Homebase have selected Intershop's Enfinity as the cornerstone of their global online commerce strategies. More information about Intershop can be found on the Web at http://www.intershop.com.

This news release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. Actual events or performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such difference could include, among other things: Intershop's limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, general economic conditions, and uncertainty regarding the unlocking of currently restricted cash. Additional information regarding factors that potentially could affect Intershop's business, financial condition and operating results is included in Intershop's filings with the Securities and Exchange Commission, including the Company's Form 20-F dated June 6, 2003.

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