DGAP-News: TOM TAILOR achieves continued growth in Retail segment in Q1 2011
(firmenpresse) - DGAP-News: TOM TAILOR Holding AG / Key word(s): Development of
Sales/Development of Sales
TOM TAILOR achieves continued growth in Retail segment in Q1 2011
18.04.2011 / 07:36
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Hamburg, Germany, 18 April 2011. TOM TAILOR Holding AG benefited from the
growth of its own stores again in the first quarter of 2011, achieving a
year-on-year increase in sales of 35.5% in its Retail segment (e-commerce
included). The segment recorded like-for-like growth of 2.8%, in spite of
the fact that Easter, which is traditionally good for business, is not
until April this year.
Germany's textile retail sector completed the first quarter of 2011 on par
with the previous year's level (source: TW-Testclub 14/2011). TOM TAILOR
therefore once again managed to outperform the average market growth rates.
In particular the product lines Men Casual und Denim Female performed well.
'We are especially delighted with the good performance of our young fashion
line TOM TAILOR Denim Female, as we see above average growth potential for
this product line in our core markets,' commented Dieter Holzer, CEO of the
TOM TAILOR Group.
At the end of March 2011, TOM TAILOR had 181 own retail stores across
Europe (up from 158 stores at the end of 2010). TOM TAILOR plans to open a
further 60 to 70 retail stores in the course of 2011, primarily in Germany
and in its core markets Austria, Switzerland, the Benelux countries and
France.
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 2010, TOM TAILOR was
represented by 158 dedicated stores, the TOM TAILOR e-shop, 175 franchise
stores, 1,441 shops-in-shops, and over 6,000 multi-label sales centres in
35 countries. The TOM TAILOR Group reported revenues of EUR 347.7 million
in 2010 (2009: EUR 300.2 million). The Company employs 1,207 people
worldwide (as of 31 December 2010).
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(at)tom-tailor.com
Erika Kirsten
Corporate PR
TOM TAILOR GmbH
Phone: +49 (0) 40 58956-420
Fax: +49 (0) 40 58956-498
Email: ek(at)tom-tailor.com
Further information can also be found 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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120330 18.04.2011
Datum: 18.04.2011 - 07:36 Uhr
Sprache: Deutsch
News-ID 33807
Anzahl Zeichen: 0
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Kategorie:
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