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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 is considering a divestment of its K&G Superstores discount unit. The company said it has hired investment bank Jefferies & Co. to help it "in evaluating strategic alternatives for ...
George Zimmer (born November 21, 1948) is an American businessman. He is the founder, former executive chairman (1973–2013) and former CEO (1973–2011) of the Men's Wearhouse, a clothing retailer with more than 1,200 stores [1] in the US and Canada, under the brands Moores, Men's Wearhouse and K&G Superstores.
Jos. A. Bank [a] is an American retailer of men's furnishings specializing in suits.Established in 1905, by Charles Bank and Joseph Alfred Bank, [1] it operates over 180 retail locations and three distribution centers (Atlanta, Houston, and Jenkins).
Tailored Brands, the owners of men's fashion retailers Men's Wearhouse, Jos. A. Bank, and K&G, filed for bankruptcy in August 2020 and closed 500 of its stores. It emerged from bankruptcy in late 2020.
In addition to the Men's Wearhouse brand, DeVito/Verdi handled marketing for the company's other retail brands: K&G, MW Tux, as well as new projects in development. [4] In 2014, Moores was named as one of that year's "Best Workplaces in Canada" by The Globe and Mail. [5]
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