DGAP-News: TOM TAILOR Holding AG / Key word(s): Change of Personnel Dr Heiko Schäfer completes the Management Board of the TOM TAILOR Holding 01.10.2015 / 09:00 --------------------------------------------------------------------- Hamburg, 1 October 2015. With the hiring of the Chief Operating Officer, TOM TAILOR Holding AG has successfully completed the realignment of the Management Board. Dr Heiko Schäfer (42) will take over this newly created board position in December 2015. In his function, Dr Heiko Schäfer will be responsible for the areas of purchasing, logistics and IT as well as the project and process management. Thereby he will take on a crucial role in the implementation of the further verticalization of TOM TAILOR GROUP. Dr Heiko Schäfer has many years of experience in the fashion industry as well as an in-depth expertise in the management of cross-functional transformation projects. Mr. Schäfer joins TOM TAILOR GROUP from the private equity firm Kohlberg Kravis Roberts (KKR) in London, where he was last employed. Previously Dr Heiko Schäfer worked six and a half years at senior management level for the adidas Group. There, he was responsible most recently as Senior Vice President of product development, sourcing and logistics for the four lifestyle/fashion labels of the umbrella brand adidas. While working for the adidas Group, Dr Heiko Schäfer was also responsible for numerous transformational projects, amongst others to accelerate product development, optimize product costs and the technical infrastructure. Dr Heiko Schäfer started his career at the Boston Consulting Group, where he advised clients for more than six years, mainly from the consumer goods and retail sector, in sales/marketing and operation topics. Prior to that, he gathered extensive experience parallel to his academic studies as a consultant in renowned consulting companies. Dr Heiko Schäfer studied Business at the University of Saarbrücken and subsequently earned doctorate degree at the University of Mannheim with Prof. Christian Homburg with a dissertation on "Cross-Selling". "We are delighted to have recruited Dr Heiko Schäfer, an internationally experienced manager with extensive and profound technical industry expertise. He is a perfect fit for our company and will bring the Group forward successfully with his experience and knowledge in the implementation of efficient processes," said Uwe Schröder, Chairman of the Supervisory Board of TOM TAILOR Holding AG. "We are convinced to have found the best candidate for the position as Chief Operating Officer." About TOM TAILOR GROUP TOM TAILOR GROUP is an international fashion and lifestyle company offering stylish clothing and accessories in the medium price range through its umbrella brands TOM TAILOR and BONITA. The TOM TAILOR brand comprises the brands TOM TAILOR, TOM TAILOR Denim, TOM TAILOR POLO TEAM and TOM TAILOR CONTEMPORARY. Its collections are aimed at a target group aged between 0 and 40 and are distinguished by premium quality. BONITA, one of Germany's leading fashion brand producers and retailers, has been a part of TOM TAILOR GROUP since August 2012. BONITA sells menswear and womenswear collections for the over-40 age group. In the fiscal year 2014, the TOM TAILOR GROUP recorded sales of EUR 932.1 million, of which EUR 324.9 million were generated by BONITA. The TOM TAILOR brand is sold through the segments Retail and Wholesale, thus via own mono-label stores as well as via partners. At the end of June 2015, these comprised 405 TOM TAILOR stores, 209 franchise stores, 2,762 shop-in-shops and around 9,800 multi-label points of sale. Therewith the brand is present in 35 countries. BONITA operates 1,018 retail stores of which 85 are BONITA men stores. Currently, the umbrella brand BONITA is exclusively distributed via retail stores. Furthermore, the collections of both brands are available over the respective online stores. Information also under www.tom-tailor-group.com and www.bonita.eu Media- and Investor contact Felix Zander Head of Investor Relations & Corporate Communications TOM TAILOR GROUP Telephone: +49 (0) 40 58956-449 E-Mail: felix.zander@tom-tailor.com Erika Kirsten Manager Corporate Communications TOM TAILOR GROUP Telephone: +49 (0) 40 58956-420 E-Mail: erika.kirsten@tom-tailor.com --------------------------------------------------------------------- 01.10.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP 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-group.com ISIN: DE000A0STST2 WKN: A0STST Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Hanover, Munich, Stuttgart End of News DGAP News Service --------------------------------------------------------------------- 398895 01.10.2015
DGAP-News: Dr Heiko Schäfer completes the Management Board of the TOM TAILOR Holding
| Source: EQS Group AG