TOM TAILOR Holding AG
- WKN: A0STST
- ISIN: DE000A0STST2
- Land: Deutschland
Nachricht vom 10.01.2012 | 07:30
TOM TAILOR grows by 45% in the Retail segment in the 2011 financial year and by 11% like-for-like in Q4 2011
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TOM TAILOR Holding AG / Key word(s): Development of Sales PRESS RELEASE TOM TAILOR grows by 45% in the Retail segment in the 2011 financial year and by 11% like-for-like in Q4 2011 Hamburg, 10 January 2012. TOM TAILOR Holding AG looks back on a strong 2011 financial year. Compared with the 2010 financial year, sales in the Retail segment increased by around 45%. Like-for-like sales rose by 7.0% in 2011. According to sector information, German textile trading finished the 2011 calendar year on the same level as the previous year (source: TW Testclub 01/2012). TOM TAILOR has thus again managed to outperform the average development on the textile market. In the Christmas quarter 2011 (October-December), TOM TAILOR increased sales in the Retail segment by around 39%.The segment grew for the twelfth successive quarter, on a like-for-like basis by 10.7%. 'In 2011 TOM TAILOR successfully grew in its strategic growth segment Retail. We consequently implemented our expansion strategy and again managed to distinguish ourselves from the competition on a like-for-like basis, both in our stores and online. We are proud of this development and see it as an incentive for the future,' said Dieter Holzer, CEO of TOM TAILOR Holding AG. As of 31 December 2011, TOM TAILOR had 248 retail stores across Europe (compared with 158 at the end of 2010). During 2011 90 new retail stores were opened. About TOM TAILOR TOM TAILOR - Casual fashion for a casual life! The TOM TAILOR Group is an international and vertically integrated lifestyle company. It offers stylish casual wear and accessories for men, women, teenagers and children in the medium price range. Since the Company's establishment in 1962 its authentic fashions have highlighted a positive and light-hearted attitude to life. Every year 12 collections are developed for each of the product lines TOM TAILOR Casual and TOM TAILOR Denim. The fashion sphere is completed by an extensive array of licences. The Group distributes its collections via the wholesale and retail segments. TOM TAILOR is a dynamic company that has been growing and expanding continuously for many years. At the end of December 2011, TOM TAILOR was represented by 248 dedicated stores, the TOM TAILOR e-shop, 155 franchise stores, 1,786 shop-in-shops, and over 6,000 multi-label points of sale. The TOM TAILOR Group generated sales of EUR 118.6 million in Q3 2011 (Q3 2010: EUR 101.5 million). The Company employs 1,468 people worldwide (as of 30.09.2011). Press and investor contact
Dr Andrea Rolvering
Erika Kirsten End of Corporate News 10.01.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| Language: | English | |
| Company: | TOM TAILOR Holding AG | |
| Garstedter Weg 14 | ||
| 22453 Hamburg | ||
| Germany | ||
| Phone: | +49 (0) 40 589 56 0 | |
| Fax: | +49 (0) 40 589 56 398 | |
| E-mail: | info@tom-tailor.com | |
| Internet: | www.tom-tailor.com | |
| ISIN: | DE000A0STST2 | |
| WKN: | A0STST | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard), Hamburg; Freiverkehr in Berlin, Düsseldorf, Hannover, München, Stuttgart | |
| End of News | DGAP News-Service |
| 152073 10.01.2012 |
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