DGAP-News: TOM TAILOR Group: Retail sales grow by 1.8% like-for-like in Q4 2012
(firmenpresse) - DGAP-News: TOM TAILOR Holding AG / Key word(s): Miscellaneous
TOM TAILOR Group: Retail sales grow by 1.8% like-for-like in Q4 2012
05.03.2013 / 07:30
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- TOM TAILOR Retail grows by 15.4% on a like-for-like basis
- BONITA in Q4 slightly above a weak market
Hamburg, 05 March 2013. TOM TAILOR Holding AG remained on its growth path
in the fourth quarter of 2012. With its two umbrella brands, TOM TAILOR and
BONITA, the Company generated like-for-like growth of 1.8% in its retail
stores between October and December. The German textile sector closed the
fourth quarter with a decline in the mid single-digit range (source: TW
Testclub 01/2013). TOM TAILOR GROUP has thus once again outperformed the
sector average.
This growth was predominantly attributable to the TOM TAILOR Retail segment
which increased sales by 34.4% in the quarter under review. On a
like-for-like basis, sales rose 15.4%. E-commerce business saw particularly
encouraging growth at 41.3%.
BONITA, however, performed only slightly better than a generally weak
market in Q4 2012. Between October and December, like-for-like sales at
BONITA fell by 4.0% compared to the prior-year quarter. In December, BONITA
reported a like-for-like sales decline of 8%. The brand developed slightly
better than the overall market, which closed the month of December with a
decline of 9%.
'Our trend management approach and our understanding of our customers'
wishes are paying off. TOM TAILOR Retail has managed to achieve
like-for-like sales growth in every quarter over the past four years.
BONITA, on the other hand, could not escape the general market situation in
the final quarter 2012. The mild temperatures were the primary cause of
BONITA falling below our expectations. We are confident, though, that by
shortening the product development process, BONITA can be returned to its
growth path by the end of 2013,' said Dieter Holzer, CEO of TOM TAILOR
Holding AG.
As of 31 December 2012, the TOM TAILOR GROUP held around 1,300 retail
stores throughout Europe, of which 315 were TOM TAILOR retail stores (31
Dec 2011: 248) and 982 were BONITA stores (31 Dec 2011: 949). During 2012
the Group opened 100 retail stores.
The TOM TAILOR GROUP will be publishing its full report for Fiscal Year
2012 on 19 March 2013.
About the TOM TAILOR Group
The TOM TAILOR Group is an international fashion and lifestyle company
offering stylish casual wear and accessories in the medium price range
through its umbrella brands TOM TAILOR and BONITA. The TOM TAILOR umbrella
brand comprises the brands TOM TAILOR Casual, TOM TAILOR Denim and TOM
TAILOR POLO TEAM. Its collections are aimed at customers aged between 0 and
40 and are marketed in more than 35 countries via its wholesale and retail
segments. BONITA, one of Germany's leading fashion producers for the
over-40s target group, has been a part of the TOM TAILOR Group since August
2012. BONITA sells menswear and womenswear collections in almost 1,000 of
its own retail stores. The TOM TAILOR GROUP generated sales of EUR 412
million in 2011. BONITA generated sales of EUR 379 million in the 2011/2012
financial year*.
* Financial year ending in February
Further information is also available at www.tom-tailor.com and
www.bonita.de.
Media and Investor Contact:
Dr. Andrea Rolvering
Head of Investor Relations&Corporate Communications
TOM TAILOR Holding AG
Phone: +49 (0) 40 58956-429
Telefax: +49 (0) 40 58956-498
Email: anr(at)tom-tailor.com
Erika Kirsten
Corporate Communications
TOM TAILOR GmbH
Phone: +49 (0) 40 58956-420
Telefax: +49 (0) 40 58956-498
Email: ek(at)tom-tailor.com
End of Corporate News
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05.03.2013 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(at)tom-tailor.com
Internet: www.tom-tailor.com
ISIN: DE000A0STST2
WKN: A0STST
Indices: SDAX
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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202939 05.03.2013
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Datum: 05.03.2013 - 07:30 Uhr
Sprache: Deutsch
News-ID 235789
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