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With its umbrella brands TOM TAILOR and BONITA, the Group addresses various segments of the fashion market. The TOM TAILOR brand is marketed through the retail and wholesale segments, and thus through single-label stores as well as wholesale partners. At the end of 2016, these comprised 472 TOM TAILOR stores and 205 franchise stores, 3,050 shop-in-shops and around 8,400 multi-label points of sale. The brand is present in more than 35 countries. BONITA has 950 retail stores as well as 50 shop-in-shop spaces. The collections of both brands are also available through their respective online shops. Further information is also available at www.tom-tailor-group.com and www.Bonita.eu About Kids Fashion Group GmbH & Co KG Kids Fashion Group GmbH & Co. KG, based in Pliezhausen, Germany, is a global acting company specialized in the production and distribution of children's fashion. The company's multiband concept includes 14 of the most popular children's fashion brands, some of which are part of the company and some of which are licensed (e.g., Marc O'Polo Junior, Steiff Collection). KidsFashion Group GmbH & Co.
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Like-for-like sales, which strip out the impact of new store openings, grew 1% in the year to 28 February. UK like-for-like sales were up 0.9%, their first reported growth since 2009-10. Tesco chief executive Dave Lewis said the results showed "another solid year of progress" at the supermarket giant. "The very pleasing thing is that on every dimension of customer service we've had positive feedback from customers of the service that we're giving, and that's allowed us to drive an improvement in both sales and indeed profitability," he told the BBC's Emma Simpson. Booker deal Full year pre-tax profit, which includes one-off charges such as legal costs, fell to 145m from 202m the year before. But Tesco's operating profit figure, which strips out exceptional items and is designed to give a picture of the underlying performance of the business, was 1.28bn, exceeding Tesco's 1.2bn target. By 2020, Mr Lewis wants Tesco to earn between 3.5p and 4p of operating profit for every 1 spent by shoppers, up from 2.3p in 2016-17. The company is banking on rising sales, allowing it to cut 1.5bn of costs from the business. The supermarket group also needs strong results to help it persuade shareholders to back its attempt to buy wholesaler Booker. Last month, one of its biggest shareholders said it had "major concerns" about the 3.7bn bid, saying it was overpaying. Tesco, whose shares have fallen more than 5% this year, said the deal would improve its recovery plans.