The story
Tom Tailor was founded in 1962 in Hamburg as Henke & Co. and received its present name in 1989. Tom Tailor clothes are usually priced in the middle to upper price range. The company's core markets are Germany, Austria, Switzerland, the Benelux countries and France.
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. In fiscal year 2011, the Tom Tailor Group had approximately 1,541 employees and it generated sales of €411.6 million. It was the best fiscal year in their corporate history.
The group's parent company Tom Tailor Holding AG initially planned to raise up to €190 million during their IPO and made their Initial public offering on 26 March 2010 with bookrunners Commerzbank and J.P. Morgan & Co. The company is listed in the Prime Standard of the Frankfurt Stock Exchange.
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.
From Wikipedia’s article on Tom Tailor, shared under CC BY-SA 4.0.5
