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After five months of drama, Men's Wearhouse finally snared Jos. A. Bank in a $1.6 billion merger that will create a mammoth men's suits retailer with 1,700 stores, 23,000 employees, and an ...
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.
In 2014, Moores was named as one of that year's "Best Workplaces in Canada" by The Globe and Mail. [5] In 2018, Moores was said to be the "largest provider of tuxedo and suit rentals in Canada." [6] In August 2020, Moores' parent company, Tailored Brands, filed for bankruptcy. [7] [8] [9] Moores Clothing for Men store in Markham, Ontario
In 1905, Moses Hartz established a men’s clothing manufacturing company, which was taken over by his widow Lena Hartz in 1921. Their daughter, Anna Hartz, was a traveling salesperson for the firm. Although they were rivals in the business, Anna married Joseph Bank and in 1922, Joseph joined forces with his new mother-in-law and formed L ...
Alamy By Siddharth Cavale Jos. A. Bank Clothiers' offered to buy bigger rival Men's Wearhouse for about $2.3 billion to create a men's apparel heavyweight with more than 1,700 stores -- a proposal ...
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