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TOM TAILOR Holding AG with new major strategic shareholder

DGAP-News: TOM TAILOR Holding AG / Key word(s): Miscellaneous
TOM TAILOR Holding AG with new major strategic shareholder

30.07.2014 / 19:02

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- Fosun, one of the leading Chinese investment groups, enters the German
consumption market

- Fosun invests in TOM TAILOR as a new major shareholder

- Additional investment by management of TOM TAILOR Holding AG

- Strategic focus of TOM TAILOR GROUP continues to be based on increasing
earnings power and profitability

Hamburg, 30. July 2014. TOM TAILOR Holding AG is continuing its profitable
course of growth with support from a new major shareholder.
Fidelidade-Companhia de Seguros SA, the largest insurance company in
Portugal and an indirectly owned subsidiary of Fosun (Fosun International
Limited, HKEx stock code: 00656, and its subsidiaries), has invested in TOM
TAILOR Holding AG. The new investor, together with the management of TOM
TAILOR Holding AG, acquired a stake of 23.16% from the former major
shareholder Versorgungs- und Förderungsstiftung, Vaduz/Liechtenstein. The
acquisition shall be implemented shortly.

"We are delighted with the entry of Fosun, a very reliable investor focused
on China's growth momentum and value investments. It is committed to
long-term investments and has in-depth knowledge of a range of different
international markets. We assess the entry of Fosun as confirmation for the
TOM TAILOR GROUP, the quality of our brands and our strategy which is
consistently directed towards profitable growth," said Dieter Holzer, Chief
Executive Officer of TOM TAILOR Holding AG.

Fosun is a leading investment group taking roots in China with a global
foothold. Its long series of investments in foreign companies manifested
the Group's investment strategy of 'Combining China's Growth Momentum with
Global Resources'. Fosun, and the funds under its management have invested
in a number of reputable brands including the Greek renowned fashion
retail group Folli Follie, the US upscale female apparel brand St. John,
and the high-end Italian menswear manufacturer Caruso. Consumption upgrade
is one of the major investment themes that Fosun focuses on. In Germany,
Fosun holds among others a shareholding in Kleinwort Benson Group, which is
the controlling shareholder of BHF-BANK AG, since March 2014.

"The TOM TAILOR GROUP has a clear focus, a convincing strategy and a tested
business model. The two brands TOM TAILOR and BONITA represent a strong