Expansion Of The Retail Network

In Hamburg, there is a new Tom tailer shop on 4 may the year 2011 be the fashion brand Tom Tailer retail network in Hamburg. The Tom tailer group of companies acquired the 51 percent of the retail joint venture GmbH with effect of 1 April 2011. This was a sales partner of Sagmeister. Reason for this acquisition is the focus on further establishing and extending the brand Tom Tailer for Austria according to the company. As soon as the contract for this project is signed, the already eight, are already existing franchise stores run by Tom Tailer in the Switzerland and Germany with a retail store.

During which company the brand Tom Tailer will be located in Austria of the other franchise in its own. As the company further reported, they see enormous growth potential in Austria. Caused this idea is because Austria is known for its employing foreign market. The promotion of the brand Tom Tailer participates in the company itself now with 51 percent, yet receives Sagmeister a share of 49 percent. Among other things, the subsidiary of Sagmeister operates not only fashion markets of the company Tom Tailer, but also other more luxury-fashion houses in Austria. The fashion brand has approximately 181 stores, which run in the franchise mode form this acquisition since end of March 2011. There are 35 retail-led stores in Austria according to the company. Furthermore, the fashion company plans an opening of 60 to 70 stores in the Switzerland and Germany. But also the planning of retail stores in France and the Benelux countries is one of the considerations of the company. Tom Tailer has established itself all over the world.

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