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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.
Men's Wearhouse not only sells suits, but it seems to attract them as well. Recently, the company picked up a near-10% investor in the form of Eminence Capital -- a $4.5 billion activist ...
Men’s Wearhouse 2.0. That’s one way to describe the ambitious new store design program the retailer has created to update and modernize its fleet. This Next-Gen concept was created by Tailored ...
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 ...
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