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==History==
==History==
Tom Tailor was founded in 1962 in [[Hamburg]].<ref name="his">{{cite web |url=http://www.tom-tailor.com/index.php?page=History&lang=English |title=History |author= |date= |work= |publisher= Tom Tailor |accessdate=9 March 2010}}</ref> 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.<ref name="ipo">{{cite web |url= http://www.tom-tailor.com/index.php?page=52&lang=en&loopid=106&from=1 |title= TOM TAILOR intends to go public |author= |date=1 March 2010 |work= |publisher=Tom Tailor |accessdate=9 March 2010}}</ref> 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.<ref name="ab" /> In fiscal year 2011, the Tom Tailor Group had approximately 1,541 employees and it generated sales of 411.6 million euros.<ref name="ab" /> It was the best fiscal year in their corporate history.<ref name="his" />
Tom Tailor was founded in 1962 in [[Hamburg]] as Henke & Co.<ref name="his">{{cite web |url=http://www.tom-tailor.com/index.php?page=History&lang=English |title=History |author= |date= |work= |publisher= Tom Tailor |accessdate=9 March 2010}}</ref> and received its present name in 1989.<ref>{{cite book | last = Kommes| first = Werner| authorlink = | coauthors = | title = Handbuch Jahresabschlussprüfung| publisher = Springer Gabler| series = | volume = | edition = | date = 2015| location = | pages = | language = | url = https://books.google.com/books?id=6fiWBQAAQBAJ&pg=PA899| doi = | id = | isbn = | mr = | zbl = | jfm = }} </ref> 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.<ref name="ipo">{{cite web |url= http://www.tom-tailor.com/index.php?page=52&lang=en&loopid=106&from=1 |title= TOM TAILOR intends to go public |author= |date=1 March 2010 |work= |publisher=Tom Tailor |accessdate=9 March 2010}}</ref> 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.<ref name="ab" /> In fiscal year 2011, the Tom Tailor Group had approximately 1,541 employees and it generated sales of 411.6 million euros.<ref name="ab" /> It was the best fiscal year in their corporate history.<ref name="his" />


The company chairman of the board and [[CEO]] is Dieter Holzer.<ref>{{cite web |url=http://www.tom-tailor.com/index.php?page=Management&lang=English |title=Management |author= |date= |work= |publisher=Tom Tailor |accessdate=9 March 2010}}</ref> The group's parent company Tom Tailor Holding AG initially planned to raise up to EUR 190 million during their IPO and made their [[Initial public offering]] on 26 March 2010 <ref>{{Cite web|url=http://ir.tom-tailor-group.com/websites/tomtailor/English/2600/ipo.html|title=Tom Tailor Brand Website|website=ir.tom-tailor-group.com|access-date=2017-02-02}}</ref> with bookrunners [[Commerzbank]] and [[J.P. Morgan & Co.]] The company is listed in [[Prime Standard|the Prime Standard]] of [[Frankfurt Stock Exchange|the Frankfurt Stock Exchange]].<ref name="ipo" />
The company chairman of the board and [[CEO]] is Dieter Holzer.<ref>{{cite web |url=http://www.tom-tailor.com/index.php?page=Management&lang=English |title=Management |author= |date= |work= |publisher=Tom Tailor |accessdate=9 March 2010}}</ref> The group's parent company Tom Tailor Holding AG initially planned to raise up to EUR 190 million during their IPO and made their [[Initial public offering]] on 26 March 2010 <ref>{{Cite web|url=http://ir.tom-tailor-group.com/websites/tomtailor/English/2600/ipo.html|title=Tom Tailor Brand Website|website=ir.tom-tailor-group.com|access-date=2017-02-02}}</ref> with bookrunners [[Commerzbank]] and [[J.P. Morgan & Co.]] The company is listed in [[Prime Standard|the Prime Standard]] of [[Frankfurt Stock Exchange|the Frankfurt Stock Exchange]].<ref name="ipo" />

Revision as of 15:59, 26 June 2020

Tom Tailor Holding SE
Company typeAktiengesellschaft
FWB: TTI
IndustryFashion
Founded1962
HeadquartersHamburg, Germany
Area served
Worldwide
Key people
Dr Gernot Lenz (CEO), Dr Junyang (Jenny) Shao (Chairman of the supervisory board)
ProductsClothing
Accessories
Footwear
RevenueEUR 843.8 million (2018)[1]
Number of employees
6,158 (2018)[1]
Websitetom-tailor.com

Tom Tailor is a German vertically integrated lifestyle clothing company[2] headquartered in Hamburg.

History

Tom Tailor was founded in 1962 in Hamburg as Henke & Co.[3] and received its present name in 1989.[4] 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.[5] 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.[2] In fiscal year 2011, the Tom Tailor Group had approximately 1,541 employees and it generated sales of 411.6 million euros.[2] It was the best fiscal year in their corporate history.[3]

The company chairman of the board and CEO is Dieter Holzer.[6] The group's parent company Tom Tailor Holding AG initially planned to raise up to EUR 190 million during their IPO and made their Initial public offering on 26 March 2010 [7] with bookrunners Commerzbank and J.P. Morgan & Co. The company is listed in the Prime Standard of the Frankfurt Stock Exchange.[5]

In October 2019, Tom Tailor reached an agreement with consortium banks and its majority shareholder on developing a new financial structure until the end of September 2022. The new agreement is valued at a total of 365 million euros.[8]

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.[2] 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.[3] The current brands are:

  • Tom Tailor - Men, Women and Kids
  • Tom Tailor - Denim Male and Denim Female
  • Bonita - Women

References

  1. ^ a b "Annual Report 2018 Tom Tailor Group" (PDF). October 2019. Retrieved 26 June 2020. {{cite web}}: Cite has empty unknown parameter: |coauthors= (help)
  2. ^ a b c d "About Us". Tom Tailor. Retrieved 9 March 2010.
  3. ^ a b c "History". Tom Tailor. Retrieved 9 March 2010.
  4. ^ Kommes, Werner (2015). Handbuch Jahresabschlussprüfung. Springer Gabler. {{cite book}}: Cite has empty unknown parameter: |coauthors= (help)
  5. ^ a b "TOM TAILOR intends to go public". Tom Tailor. 1 March 2010. Retrieved 9 March 2010.
  6. ^ "Management". Tom Tailor. Retrieved 9 March 2010.
  7. ^ "Tom Tailor Brand Website". ir.tom-tailor-group.com. Retrieved 2017-02-02.
  8. ^ Singh, Prachi (2019-10-10). "Tom Tailor agrees to new financial structure with banks and Fosun". fashionunited.uk. Retrieved 2020-03-11.

External links

Retrieved from "https://en.wikipedia.org/w/index.php?title=Tom_Tailor&oldid=964622611"