DGAP-News: TOM TAILOR Holding AG: TOM TAILOR outperformes with 14 % increase in like-for-like sales in Q4 2010
(firmenpresse) - DGAP-News: TOM TAILOR Holding AG / Key word(s): Development of
Sales/Development of Sales
TOM TAILOR Holding AG: TOM TAILOR outperformes with 14 % increase in
like-for-like sales in Q4 2010
18.01.2011 / 07:30
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Hamburg, 18 January 2011. TOM TAILOR Holding AG had a successful fourth
quarter 2010. The company experienced like-for-like growth of 8.8% in the
Retail segment during the 2010 Christmas quarter, not accounting for the
rapidly growing e-shop. Like-for-like growth including the e-shop amounted
to 14.1%. Industry sources have indicated that average growth in per cent
for the textile retail sector in the fourth quarter was in the low
single-digit range (source: TW Testclub 01/2011), meaning that TOM TAILOR
has once again managed to significantly outperform the average market
growth rates. In particular the product lines WOMEN Casual und TOM TAILOR
Denim have more than met the expectations. 'The performance of our WOMEN
Casual division turned out excellent for us, as we see above average growth
potential for this product line in our core markets', says Dieter Holzer,
CEO of the TOM TAILOR Group.
At the end of December 2010, TOM TAILOR had 158 own-brand retail stores,
compared with 87 at the end of 2009. This makes for 71 new stores having
been opened over the course of the year. Twelve new stores, most of which
in Germany, were opened during the fourth quarter.
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 high-quality fashion sphere is complemented by 19 licensed
product groups. 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 the third quarter of
2010, TOM TAILOR was represented by 116 dedicated stores, the TOM TAILOR
e-shop, 198 franchise stores, 1,381 shop-in-shops, and over 4,500
multi-label sales centres, resulting in about 6,000 points of sale in 35
countries. The TOM TAILOR Group achieved revenues of EUR 248.8 million in
the first nine months of 2010 (Q1-Q3 2009: EUR 221.9 million). The Company
employs 986 people worldwide (as of 30 September 2010).
Media 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
E-Mail: anr(at)tom-tailor.com
Additional information also at www.tom-tailor.com
End of Corporate News
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Language: English
Company: TOM TAILOR Holding AG
Garstedter Weg 14
22453 Hamburg
Deutschland
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
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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109227 18.01.2011
Datum: 18.01.2011 - 07:30 Uhr
Sprache: Deutsch
News-ID 33010
Anzahl Zeichen: 0
contact information:
Kategorie:
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