Tom Tailor Q1 sales up 1.5 percent, steps up plan to boost profit

The Tom Tailor Group has started the fiscal year 2016 with a slight increase in sales. In the first three months of the year, sales grew by 1.5 percent to 218.9 million euros (249.3 million dollars). The company said that it benefited from the growth dynamics of the Tom Tailor brand with a positive sales development in both the retail and wholesale business.