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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.
The Occupy Wall Street protesters might not believe they've got too many "suits" on their side, but retailer Men's Wearhouse (MW) took a stand for the 99% in Oakland, Calif., last week. Last ...
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 ...
Last month menswear retailer Jos. A. Bank offered to buy rival Men's Wearhouse for $2.3 billion, or $48 per share. This represented a 36% premium over the previous closing price. Shares of Men's ...
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.
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