Tom Tailor sums up the financial results of 2017
Tom Tailor group has achieved the best results in the history of the company. In 2017, the company's profit increased 5 times compared to 2016 and reached 17.1 million euros. EBITDA amounted to 83.1 million euros and increased more than 7 times compared to 2016.
Under the brand Tom Tailor there are 452 own and 188 franchised stores in more than 35 countries. The products are also presented in 2443 individual corners and 7130 multi-brand outlets.
In Russia and the CIS in 2017, 35 stores were opened under the Tom Tailor brand in 11 new cities, which allowed to increase business turnover by 1.5 times. Now the Tom Tailor retail network in Russia and the CIS has 50 own and 68 franchised outlets.
Sofia Kofmann, CEO of Tom Tailor in Russia:
"The Russian market is one of the key ones for the Tom Tailor Group. In 2018, we plan to further develop our own retail, focusing on expansion in Moscow, St. Petersburg and other million-plus cities. We also have big plans to expand our retail network with the help of franchising partners in the regions. We will continue to work on increasing the attractiveness of the brand, the repositioning of which began last year. There are plans for joint projects with celebrities, famous bloggers.