A group of investors along with management of BONITA GmbH & Co. Kommanditgesellschaft agreed to acquire BONITA GmbH & Co. Kommanditgesellschaft from Tom Tailor Holding SE.

TOM TAILOR Holding SE is a Germany-based fashion and lifestyle company. It provides casual wear for men, women, young adults and children in the middle-income consumer segment. The Company operates through three business segments: TOM TAILOR Wholesale, TOM TAILOR Retail and BONITA. Its offering portfolio includes products for target groups primarily up to the age 45, including clothing for men, women, children and babies, as well as denim and denim lifestyle products. In addition, it offers accessories and home decorations, such us shoes, leather products, belts, gloves, hats, scarves, bodywear, ties, bags, perfumes, jewelry, umbrellas, watches and sunglasses, bed linen, and toiletries, as well as shawls, among others. The Company sells its products directly to end customers through company owned stores, as well as through an e-commerce site, and through franchise stores, shop-in-shops, and multi label stores.