Tom Tailor, one of the German fashion brands in the “middle”, is taken over by the Chinese shareholder Fosun.
Tom Tailor is licensed into many lifestyle categories. And it grew f. e. by expanding retail locations and acquiring Bonita. Later Bonita was sold to a Dutch company. Tom Tailor struggled like Gerry Weber and Esprit.
Fsoun also owns St. John Knits, Wolford, Lanvin, French luxury travel company Club Med, German private banks Hauck & Aufhäuser and Bankhaus Lampe. The latter bought recently from Oetker group.