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Tailored Brands' predecessor, Men's Wearhouse, was founded in 1973 by George Zimmer as a retail men's clothing store. The business had grown to 100 stores by the time it held an IPO in 1992, raising $13M. [6] Zimmer turned Men's Wearhouse into an industry consolidator, acquiring numerous competitors throughout his tenure leading the firm.
Men’s Wearhouse quickly filed a lawsuit to block the proposed deal on the basis that it served only to make JoS. A. Bank an undesirable acquisition target. [8] The lawsuit was expedited by Delaware Judge J. Travis Laster, who agreed that the Eddie Bauer deal was likely defensive posturing on the part of JoS. A. Bank.
Retrieved from "https://en.wikipedia.org/w/index.php?title=The_Men%27s_Wearhouse&oldid=906747149"
Earlier today, Men's Wearhouse announced that founder George Zimmer had been removed from his position as executive chairman, and that his ongoing relationship with the company was uncertain. The ...
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More men rented low-cost tuxedos from Men's Wearhouse (NYS: MW) during the second quarter, helping to kick sales up 22 percent. Revenue totaled $655.5 million, up from nearly $537 million a year ...
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