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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.
A Bank turned down the takeover offer from competitor Men’s Wearhouse, saying the $1.54 billion bid was far too low. [ 6 ] On February 14, 2014, Jos. A. Bank Clothiers announced plans to buy outdoor retailer Eddie Bauer in an $825 million deal. [ 7 ]
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.
Specialty retailer Men's Wearhouse likes the way it looks without its K&G unit -- I guarantee it. The company owns a few different brands, from the eponymous chain with 638 locations to the 120 ...
On Dec. 23, Jos. A. Bank Clothiers stole back the lead from The Men's Wearhouse by rejecting their all-cash offer of $1.54 billion. This follows a great deal of drama between the two companies ...
More men rented low-cost tuxedos from Men's Wearhouse (NYS: MW) during the second quarter, helping to kick sales up 22 percent. Revenue totaled $655.5 million, up from nearly $537 million a year ...