Tom Tailor Denim
19 Apr. 2011
TOM TAILOR GROWS WITH RETAIL SEGMENTTom Tailor Holding AG benefited from the growth of its self-operated stores again in the first quarter of 2011 and generated a year-on-year increase in sales of 35.5% in its retail segment including e-commerce. In particular, the product lines Men Casual and 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 Tom Tailor Group.
As of the end of March 2011, Tom Tailor had 181 own retail stores across Europe (compared to 158 stores at the end of 2010). The group plans to open a further 60 to 70 retail stores in the course of 2011, mainly in Germany and the core markets Austria, Switzerland, the Benelux countries and France.
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