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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.
On March 11, 2014, Jos. A. Bank and Men's Wearhouse announced that both boards of directors had agreed to merge, with Men's Wearhouse acquiring Jos. A. Bank for $1.8 billion. [10] As part of the deal, Bank terminated its plan to acquire Eddie Bauer, and they both formed the new entity Tailored Brands. Fancy socks
On Dec. 23, Jos. A. Bank Clothiers stole back the lead from The Men's Wearhouse by rejecting their all-cash offer of $1.54 billion. This follows a great deal of drama between the two companies ...
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 ...
After Hours Formalwear was a clothier that specialized in the renting of tuxedos and formal wear for men. Originally known as Mitchell's Formalwear and founded in 1946, After Hours was the result of the acquisition by Mitchell's of fellow clothiers Small's and Tuxedo World in the late 1990s, and later acquired and assimilated several other chains in the United States.
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 ...
Retrieved from "https://en.wikipedia.org/w/index.php?title=The_Men%27s_Wearhouse&oldid=906747149"
In this instance, Men's Wearhouse decided that instead of talking to the Jos. A. Bank board, it should just talk directly to the people who own the company -- the shareholders. If it can convince ...
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