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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 light of Jos. A. Bank's $825 million planned purchase of outdoor apparel maker Eddie Bauer, Men's Wearhouse said last week it would reconsider its own $1.6 billion, or $57.50 per share, bid for ...
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.
Kim Appelt, a personal and celebrity stylist, told BI that tailored, relaxed blazers are easy to throw on and wear effortlessly. "This is the ultimate 'power casual' piece, delivering ...
Moores the Suit People, Corp. (operating as Moores Clothing for Men) is a Canadian company specializing in business clothing and formalwear for men. It is an affiliate of Men's Wearhouse in the United States. The company's ad slogan is "Well Made, Well Priced, Well Dressed".
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