Tom Tailor
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Tom Tailor (TT) is a German
vertically integrated In microeconomics, management and international political economy, vertical integration, also referred to as vertical consolidation, is an arrangement in which the supply chain of a company is integrated and owned by that company. Usually each ...
lifestyle
fashion Fashion is a term used interchangeably to describe the creation of clothing, footwear, Fashion accessory, accessories, cosmetics, and jewellery of different cultural aesthetics and their mix and match into Clothing, outfits that depict distinct ...
company headquartered in
Hamburg Hamburg (, ; ), officially the Free and Hanseatic City of Hamburg,. is the List of cities in Germany by population, second-largest city in Germany after Berlin and List of cities in the European Union by population within city limits, 7th-lar ...
. The range includes
clothing Clothing (also known as clothes, garments, dress, apparel, or attire) is any item worn on a human human body, body. Typically, clothing is made of fabrics or textiles, but over time it has included garments made from animal skin and other thin s ...
and
accessories Accessory may refer to: * Accessory (legal term), a person who assists a criminal In anatomy * Accessory bone * Accessory breast * Accessory kidney * Accessory muscle * Accessory nucleus, in anatomy, a cranial nerve nucleus * Accessory nerve ...
for men and women of all ages in the middle to upper price segment. In 2024, the company had 577 retail stores worldwide in 23 countries in Europe.


History

Tom Tailor was founded in 1962 in
Hamburg Hamburg (, ; ), officially the Free and Hanseatic City of Hamburg,. is the List of cities in Germany by population, second-largest city in Germany after Berlin and List of cities in the European Union by population within city limits, 7th-lar ...
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 The Benelux Union (; ; ; ) or Benelux is a politico-economic union, alliance and formal international intergovernmental cooperation of three neighbouring states in Western Europe: Belgium, the Netherlands, and Luxembourg. The name is a portma ...
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 company chairman of the board and
CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...
is Dieter Holzer. 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 An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...
on 26 March 2010 with bookrunners
Commerzbank The Commerzbank Aktiengesellschaft (shortly known as Commerzbank AG or Commerzbank ) is a European Financial institution, banking institution headquartered in Frankfurt am Main, Hesse, Germany. It offers services to private and entrepreneurial c ...
and J.P. Morgan & Co. The company is listed in the
Prime Standard The Prime Standard is a market segment of the Frankfurt Stock Exchange that includes companies which comply with transparency standards higher than those of the General Standard, which is regulated by law. The Prime Standard includes quarterly rep ...
of the
Frankfurt Stock Exchange The Frankfurt Stock Exchange (, former German name: , ''FWB'') is the world's 3rd oldest and 12th largest stock exchange by market capitalization. It has operations from 8:00 am to 10:00 pm ( German time). Organisation Located in Frankfurt, ...
. 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.


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. The first sportswear collection was launched in 1979 and the first jeans wear collection and first store abroad appeared in 1996. Tom Tailor's women's label was founded in 1999 and the Tom Tailor E-Shop opened in 2006. In the next year young fashion collections Tom Tailor Denim for men and women were launched. The current brands are: *Tom Tailor – Men, women and kids *Tom Tailor – Denim male and denim female *Bonita – women


References


External links


Official website
{{Authority control Clothing brands of Germany Clothing companies of Germany Clothing retailers of Germany German brands Multinational companies headquartered in Germany Companies based in Hamburg Clothing companies established in 1962 1962 establishments in West Germany Companies formerly listed on the Frankfurt Stock Exchange