Hamburg-based fashion brand Tom Tailor looks back at a strong financial year. The company’s sales in the retail segment increased by about 45%, compared with fiscal year 2010. Like-for-like sales rose by 7% in 2011. In the past Christmas quarter (October-December) Tom Tailor increased retail sales by approximately 39%.The segment grew for the twelfth consecutive quarter, on a like-for-like basis by 10.7%.

“In 2011 Tom Tailor successfully grew in its strategic growth segment retail. We consequently implemented our expansion strategy and again managed to distinguish ourselves from the competition on a like-for-like basis, both in our stores and online…” said Dieter Holzer, CEO of Tom Tailor Holding AG.

Tom Tailor runs 248 retail stores across Europe. During the past year, the company has opened 90 new stores.