Fosun International made a £195m bid for Tom Tailor.

Fosun International, a Chinese international conglomerate and investment company, made a £195m bid for Tom Tailor, a German vertically integrated lifestyle clothing company. Fosun, through increasing its shareholding interests in Tom Tailor, will benefit from the long-term growth potential of Tom Tailor. The company considers the deal to be an attractive investment in its sector as it sees economic potential in Tom Tailor.