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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.
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 ...
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".
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 ...
Mens Wearhouse rejected a buyout offer on Sept. 17 from smaller rival Jos A. Bank Clothiers . The company has been adamant that it will not be bought; in fact, it even ejected founder George ...
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 ...
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