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As of 1990 it had 67 stores across California. [1] The chain dates back to 1948. [2] The company declared bankruptcy in 1996 and sold some of the stores to Men's Wearhouse, [3] which created a Value Priced Clothing division from both C&R Clothiers Inc. and the NAL chain. [4]
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.
Raleigh's – also known as Raleigh Haberdasher; a men's and women's clothing store in Washington, D.C., 1911–1992; Robert Hall – clothing store that existed from 1938 to 1977. At its peak, the store had locations in both New York City and Los Angeles.
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
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.
This is a list of department stores and some other major retailers in the four major corridors of Downtown Los Angeles: Spring Street between Temple and Second ("heyday" from c.1884–1910); Broadway between 1st and 4th (c.1895-1915) and from 4th to 11th (c.1896-1950s); and Seventh Street between Broadway and Figueroa/Francisco, plus a block of Flower St. (c.1915 and after).
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