Home / Knowledge / News / Apparel/Garments / TOM TAILOR achieves dynamic growth in Q3 of 2012
TOM TAILOR achieves dynamic growth in Q3 of 2012
22
Oct '12
TOM TAILOR Holding AG experienced continued dynamic growth in the third quarter of 2012. For the first time, its August and September figures included the performance of the BONITA Group, which was acquired by TOM TAILOR. On this basis, TOM TAILOR Holding AG achieved like-for-like growth of 3.9% in the third quarter with its two umbrella brands TOM TAILOR and BONITA.

The retail stores of the TOM TAILOR brand (including e-commerce) increased their sales by 28.5% in the quarter under review, or by 16.2% on a like-for-like basis. This was therefore the fifteenth consecutive quarter in which sales were up. The performance of the TOM TAILOR e-shop was especially pleasing, as it achieved a sales increase of around 60%.

In the first nine months of 2012, the TOM TAILOR retail stores (including e-commerce) achieved sales growth of 32.5%, or 14.3% on a like-for-like basis. Textile trading in Germany ended this period with a fall of 1%.

This means that TOM TAILOR again managed to outperform the average development in the textile market. 'We saw pleasing sales of our TOM TAILOR autumn range in September, achieving a sales increase of 15.3% on a like-for-like basis, while the market as a whole grew by an average of 5%,' said Dieter Holzer, CEO of TOM TAILOR Holding AG.

As anticipated, the BONITA brand's like-for-like sales were down by around 3% year on year in both August and September. 'We know that it will take time for BONITA to get back on track for like-for-like growth. In the months ahead, we will endeavour to create sustainable conditions for this to happen,' explained Dieter Holzer.

The TOM TAILOR Group is an international fashion and lifestyle company offering stylish casual wear and accessories in the medium price range through its umbrella brands TOM TAILOR and BONITA.

TOM TAILOR Holding AG


Must ReadView All

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search