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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.
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.
Men’s Wearhouse quickly filed a lawsuit to block the proposed deal on the basis that it served only to make JoS. A. Bank an undesirable acquisition target. [8] The lawsuit was expedited by Delaware Judge J. Travis Laster, who agreed that the Eddie Bauer deal was likely defensive posturing on the part of JoS. A. Bank.
On Nov. 26, Men's Wearhouse proved its dominance in the men's apparel business for tailored suits, sportswear, footwear, and accessories by offering an all-cash deal with some debt financing of $2 ...
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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".