Tom Tailor
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Aktiengesellschaft | |
Traded as | FWB: TTI |
Industry | Fashion |
Founded | 1962 |
Headquarters | Hamburg, Germany |
Area served
|
Worldwide |
Key people
|
Dieter Holzer (CEO and chairman of the executive board), Uwe Schröder (Chairman of the supervisory board) |
Products | Clothing Accessories Footwear |
Revenue | €932 million (2014) |
Number of employees
|
6,400 (August 2014) |
Website | tom-tailor.com |
Tom Tailor is a German vertically integrated lifestyle clothing company[1] headquartered in Hamburg.
Contents
History
Tom Tailor was founded in 1962 in Hamburg.[2] Tom Tailor clothes are usually priced in the medium price range. The company's core markets are Germany, Austria, Switzerland, the Benelux countries and France.[3] As of 31 December 2011, Tom Tailor products were sold in 248 own retail stores, the Tom Tailor E-Shop (Germany, Austria and Netherlands), 155 franchise stores and 1,786 shop-in-shops in 35 countries around the world.[1] In fiscal year 2011, the Tom Tailor Group had approximately 1,541 employees and it generated sales of 411.6 million euros.[1] It was the best fiscal year in their corporate history.[2]
The company chairman of the board and CEO is Dieter Holzer.[4] The group's parent company Tom Tailor Holding AG plans to list in the Prime Standard of the Frankfurt Stock Exchange in first half of 2010.[3] The company is preparing its initial public offering (IPO).[3] JPMorgan Chase and Commerzbank have been mandated as its joint global coordinators and bookrunners.[3] Tom Tailor plans to use the proceeds to drive its expansion and to strengthen its capital structure. They expect to raise 140 million euros from a capital increase as well as secondary proceeds.[3]
Brands
Tom Tailor mainly provides classic and up-to-date casual wear and accessories for men, women, young adults and children. For each of its four brands, Tom Tailor Group launches twelve collections per year.[1] First sportswear collection was launched in 1979. First jeans wear collection and first store abroad appeared in 1996. Women's label was founded in 1999. Tom Tailor E-Shop opened in 2006. Next year young fashion collections Tom Tailor Denim Male and Denim Female were launched.[2] The current brands are:
- Tom Tailor - Men, Women and Kids
- Tom Tailor - Denim Male and Denim Female
- Tom Tailor Polo Team - Men and Women
- Tom Tailor Contemporary - Men and Women
References
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