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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.
In 1937, the company opened as a single store in Waterbury, Connecticut. It gradually expanded to over 350 warehouse-like outlets, based in 36 states. In the mid-1950s, the Robert Hall shop launched on 2725 6th Ave. in Huntington, West Virginia. The company already had retail facilities in Portsmouth, Ohio, and Morgantown, West Virginia. [4]
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 ...
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 ...
Bonobos is an e-commerce-driven apparel company that designs and sells menswear including men's suits, trousers, denim, shirts, shorts, swimwear, outerwear, and accessories. The company was founded by Stanford Business School students Andy Dunn and Brian Spaly, and launched as an online retailer in 2007.
During the 1930s and 1940s, it became the largest retail chain of men's clothing in the United States, best known for selling two-pant suits. In 1975, the company was sold to foreign investors, [2] then broken up and sold in smaller groups to its management. For instance, 13 stores were operated by the Proud Wind, Inc. company. [3]
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The firm continued as a leading manufacturer of men's clothing until 1982, when it was purchased by Hart Schaffner & Marx (later known as Hartmarx), a Chicago-based apparel-maker and wholesaler. By the mid-1990s, after the headquarters moved to Atlanta , sales were lagging, many of its stores were closing, and it entered into bankruptcy.
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