TOM TAILOR GROUP news and archive

Tom Tailor Group ropes in Dr Gernot Lenz as the company's new CEO

The Tom Tailor Group has appointed Dr Gernot Lenz as the company’s new CEO in place of Dr Heiko Schäfer effective November 1, 2019. The company said in a statement that Dr Lenz was most recently CEO of the s.Oliver Group and before that, held the positions of COO Tommy Hilfiger Global and PVH Europe in Amsterdam, where his responsibilities...

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Tom Tailor Group sales drop 2.2 percent in Q1

The Tom Tailor Group said, at 189.7 million euros (226 million dollars), group sales were down 2.2 percent compared to the same period of the previous year. The share of sales generated by the decreases due to 'Reset', the company added, amounts to 24.9 million euros (29.6 million dollars) for the first quarter. Reported EBITDA amounted to 4.1...

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Tom Tailor Group's sales drop but EBITDA improves 66.6 percent

The Tom Tailor Group has said that due to the consistent implementation of measures to optimise costs and processes under its ‘RESET’ programme, EBITDA rose in the nine-month period by 66.6 percent to 52.8 million euros (61 million dollars) and group EBIT improved from negative 4 million euros (4.6 million dollars) to 26.1 million euros (30...

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Tom Tailor reports 1.5 percent rise in revenues

The Tom Tailor Group said that it achieved further growth in the first nine months of 2015 despite the ongoing challenges posed by the market. The company posted sales increases in all segments, with a group-wide increase in revenues of 1.5 percent to 689.6 million euros (741 million dollars). “Considering the difficult market environment, we...