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, S.A., 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 basis to continue the profitable growth path and increase earnings power sustainably. We consider the investment of the management of TOM TAILOR Holding AG as a strong signal of trust. Consumption upgrade is one of the major investment themes that Fosun focuses on. Fosun will leverage its own resources and competitive advantages to support TOM TAILOR bringing its brand to more Chinese consumers as well as expanding in the Chinese market. Our shareholding in TOM TAILOR therefore meets all the requirements for a value investment with exceptionally attractive growth potential. This also marks another step for Fosun to implement its investment strategy of ‘Combining China's Growth Momentum with Global Resources’ further.” said Wang Qunbin, President of Fosun.
After the completion of this transaction, the free float of TOM TAILOR Holding AG will remain unchanged and amount to 76.84%.

About TOM TAILOR GROUP

TOM TAILOR GROUP is an international fashion and lifestyle company offering stylish casual wear and accessories in the medium price range through its brands TOM TAILOR and BONITA. The TOM TAILOR brand comprises the brands TOM TAILOR CASUAL, TOM TAILOR Denim and TOM TAILOR POLO TEAM. Its collections are aimed at customers aged between 0 and 40 and are marketed in more than 35 countries via its wholesale and retail segments. BONITA, one of Germany’s leading fashion brand producers and retailers, has been a part of TOM TAILOR GROUP since August 2012. BONITA sells menswear and womenswear collections for the over-40 age group.

In the 2013 fiscal year, TOM TAILOR GROUP recorded sales of EUR907.2 million, of which EUR350.7 million was generated by BONITA. The Group has 1,364 of its own stores in the retail segment. 1,010 of these are BONITA and BONITA men stores and 354 are TOM TAILOR stores. The TOM TAILOR brand is also sold via retail partners. At the end of 2013, these comprised 197 franchise stores, 2,269 shop-in-shops and around 7,500 multi-label points of sale.

Further information is also available at www.tom-tailor-group.com and www.bonita.eu

About Fosun

Fosun was founded in 1992 in Shanghai. Fosun International Limited (00656.HK) was listed on the Main Board of The Stock Exchange of Hong Kong Limited on 16 July 2007. Today, Fosun has established four business engines comprising “insurance, industrial operations, investment and asset management”. It is dedicated to becoming a world-class investment group underpinned by the twin drivers of “insurance-oriented comprehensive financial capability” and “industrial-rooted global investment capability”.

With regards to its investment philosophy, Fosun has been persistently taking roots in China and investing in China’s growth fundamentals, while grasping investment opportunities evolved from the changing lifestyles of the middle class in China and global economic transformation. It is dedicated to applying the value investing principle to its investment model of “Combining China’s Growth Momentum with Global Resources”. Fosun has strong expertise in investing in foreign reputable brands, for example, Fosun, and the funds under its management have invested in the Greek renowned fashion retail group Folli Follie, the US upscale female apparel brand St. John, the high-end Italian menswear manufacturer Caruso. On 15 May 2014, Fosun officially completed the acquisition of 80% of the share capital and voting rights of each of Fidelidade, Multicare and Cares, with its investible funds of approximately EUR 12 billion as at the end of 2013; it thus formed the largest insurance group in Portugal. In end of June, Fosun assisted this newly acquired group in kicking start, deal research and completion of its first strategic investment project, which was an acquisition of 3.97% of the state-owned shares of Redes Energéticas Nacionais (REN), a Portuguese power grid company, with an investment amount of approximately EUR56.8 million.