DGAP-News: TOM TAILOR Holding AG / Key word(s): Development of Sales
TOM TAILOR grows by 45% in the Retail segment in the 2011 financial
year and by 11% like-for-like in Q4 2011
10.01.2012 / 07:30
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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
Head of Investor Relations & Corporate Communications
TOM TAILOR Holding AG
Phone: +49 (0) 40 58956-429
Fax: +49 (0) 40 58956-498
Email: anr@tom-tailor.com
Erika Kirsten
Senior Specialist Corporate Communications
TOM TAILOR GmbH
Phone: +49 (0) 40 58956-420
Fax: +49 (0) 40 58956-498
Email: ek@tom-tailor.com
End of Corporate News
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10.01.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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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
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152073 10.01.2012
DGAP-News: TOM TAILOR grows by 45% in the Retail segment in the 2011 financial year and by 11% like-for-like in Q4 2011
| Source: EQS Group AG