Tailored Brands Inc.
Men's Wearhouse Owner Files for Bankruptcy
Tailored Brands announced it has entered into a restructuring agreement with more than 75 percent of its senior lenders, which could reduce the company's debt by at least $630 million.
Men's Wearhouse Owner Likely to File for Bankruptcy in Third Quarter
Tailored Brands Inc. also announced plans earlier this month to close up to 500 stores and cut 20 percent of its corporate workforce.
Power Moves | Maison Margiela Appoints New CEO, Hermès Creative Director of the Women's Product Universe Steps Down
This week Gianfranco Gianangeli was named chief executive of Maison Margiela, while Hermès veteran Bali Barret announced her departure after 17 years at the company.
Men’s Wearhouse Owner Weighs Bankruptcy Filing
Tailored Brands Inc., the owner of Men’s Wearhouse and Jos. A. Bank, was struggling even before the coronavirus outbreak.
Macy's and Tailored Brands Ends Tuxedo Rental Partnership
Both companies have agreed to wind down operations of a tuxedo rental license agreement, after the initiative did not generate the revenue that they had envisioned.