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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 ...
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.
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".
Last month menswear retailer Jos. A. Bank offered to buy rival Men's Wearhouse for $2.3 billion, or $48 per share. This represented a 36% premium over the previous closing price. Shares of Men's ...
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It's been a rough-and-tumble year for Men's Wearhouse , yet both the company and its stock appear to be ending 2013 on a high note. The suit seller has seen the ouster of founder George Zimmer and ...
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