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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.
Family patriarch Simon Lazarus (1808–1877) opened a one-room men's clothing store in downtown Columbus in 1851. By 1870, with improvements to the industry in the mass manufacture of men's uniforms for the Civil War, the family business expanded to include ready-made men's civilian clothing, and eventually, a complete line of merchandise.
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]
Fitting of a bespoke jacket. Bespoke tailoring (/ b i ˈ s p oʊ k / ⓘ) or custom tailoring is clothing made to an individual buyer's specifications by a tailor.Bespoke garments are completely unique and created without the use of a pre-existing pattern, while made to measure uses a standard-sized pattern altered to fit the customer.
That same year, the company merged with the Buffalo, New York based Tuxedo Junction, which had 32 stores. [8] In 2003, Gingiss Formalwear, with 236 company owned stores and 166 franchised stores, filed for Chapter 11 bankruptcy. [9] In late 2003, The May Department Stores Company purchased 125 company-owned stores. [10]
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