DGAP-News: TOM TAILOR Holding AG: BONITA achieves in the third quarter like-for-like growth for the first time
(firmenpresse) - DGAP-News: TOM TAILOR Holding AG / Key word(s): Development of Sales
TOM TAILOR Holding AG: BONITA achieves in the third quarter
like-for-like growth for the first time
09.10.2013 / 07:30
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BONITA achieves in the third quarter like-for-like growth for the first
time
- TOM TAILOR GROUP achieves like-for-like sales growth of 6.2% in its
own stores
- BONITA grows by 5.3% on a like-for-like basis for the first time
- TOM TAILOR Retail records like-for-like growth of 7.8%
Hamburg, 09 October 2013. With its two umbrella brands, TOM TAILOR GROUP
considerably grew its retail segment in the third quarter: With growth of
5.3%, the BONITA umbrella brand increased like-for-like sales for the first
time since being acquired by TOM TAILOR GROUP. As a whole, TOM TAILOR GROUP
achieved like-for-like growth of 6.2% through sales in its BONITA and TOM
TAILOR retail stores. Thus, the Group was once again able to outperform the
industry trend: in the same period, the German apparel industry fell by 1%
(source: TW Testclub 41/2013).
With sales growth of 5.3%, the BONITA umbrella brand provided a positive
impetus on a like-for-like basis for the very first time since its
integration into TOM TAILOR GROUP. BONITA's positive development is largely
attributable to the shift in collection development, reduced lead times and
a faster delivery of merchandise to the stores. The first items from the
autumn/winter collection have been available in BONITA stores since August,
and have been manufactured in line with TOM TAILOR's proven design and
development process. Targeted marketing campaigns and seasonal sales have
also provided positive momentum.
TOM TAILOR Retail grew for the 19th successive quarter and once again
outperformed the market. Like-for-like sales grew by 7.8%. E-commerce
sales, which went up by 27.3%, also were an important driver of growth in
the third quarter.
'With like-for-like sales growth of 6.2% across the Group, the third
quarter was the most successful so far in this financial year. Our retail
segment saw encouraging growth and was able to leave the difficult first
half of the year behind. The effects of BONITA's integration into the TOM
TAILOR platform can be seen for the first time now in BONITA's sales, which
increased by more than 5% on a like-for-like basis. Along with the positive
sales effects of TOM TAILOR's analytical trend management system, we also
expect an improvement in profitability in the future. In the upcoming
Christmas season we will exploit the strengths of our two umbrella brands
to the fullest extent and will drive forward our Group's growth', said
Dieter Holzer, Chairman of the Management Board (CEO) of TOM TAILOR Holding
AG.
TOM TAILOR Holding AG will publish its complete report on the third quarter
and the first nine months of 2013 on 07 November 2013.
About 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, 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 ofGermany's leading fashion brand producers and retailers, has
been a part of the TOM TAILOR GROUP since August 2012. BONITA sells mens-
and womenswear collections for the over-40 age group.
In fiscal year 2012, the TOM TAILOR GROUP reported sales of EUR 630.0
million, of which EUR 153.9 million was generated by BONITA. The Group has
approximately 1,300 own stores in the retail segment. About 1,000 of these
are BONITA and BONITA men stores, and 335 are TOM TAILOR stores. The TOM
TAILOR brand is also sold via retail partners.
Further information is also available at www.tom-tailor-group.com and
www.bonita.eu
Like-for-like growth:
The key indicator 'like-for-like growth' represents the sales growth over a
comparable sales area. The figure only includes sales from stores that have
been neither opened nor closed during the quarter under review, the
preceding quarters and the previous financial year.
Media and investor contact
Felix Zander
Head of Investor Relations&Corporate Communications
TOM TAILOR GROUP
Phone: +49 (0) 40 58956-449
Fax: +49 (0) 40 58956-199
Email: felix.zander(at)tom-tailor.com
Erika Kirsten
Manager Corporate Communications
TOM TAILOR GROUP
Phone: +49 (0) 40 58956-420
Fax: +49 (0) 40 58956-199
Email: erika.kirsten(at)tom-tailor.com
End of Corporate News
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09.10.2013 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-group.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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233837 09.10.2013
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Datum: 09.10.2013 - 07:30 Uhr
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