tom tailor holding news and archive

Tom Tailor 2019 revenues decline, expects further drop amid COVID-19 outbreak

According to preliminary, unaudited results, Tom Tailor Holding SE reported revenue decline of 4.8 percent to 803.1 million euros (882 million dollars) due to continued decrease in revenue at Bonita amid the difficult market situation as well as further planned store closures in this segment. The company said in a statement that revenue...

Business

Fosun close to Tom Tailor takeover, increases stake by over 30 percent

Tom Tailor Holding SE has decided to implement a capital increase of 10 percent against cash contribution with partial utilization of the approved capital. The company said in a statement that 3,849,526 new registered shares will be allocated directly and exclusively to Fosun International Ltd. With the exclusive allocation of the shares created...