
Tailored Brands announced on Wednesday that board members Bob Hull and Peter Sachse will continue as co-CEOs moving forward.
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Tailored Brands announced on Wednesday that board members Bob Hull and Peter Sachse will continue as co-CEOs moving forward.
The owner of the Men’s Wearhouse and Jos. A. Bank brands has announced the appointments of John Tighe as EVP and chief customer officer, Karla Gray as EVP and chief stores officer, and Tim Cooksey as SVP of real estate.
Most people in "white-collar" jobs are working from home, a seismic shift in behaviour that is having profound repercussions across the supply chain for suits and formal wear.
Men’s Wearhouse owner Tailored Brands has filed for bankruptcy, adding to a list of bricks-and-mortar retailers that have succumbed to the economic fallout from the Covid-19 crisis.
Tailored Brands Inc said on Monday it could consider filing for bankruptcy as soon as in the third quarter, as the Covid-19 crisis continues to pummel sales.
Tailored Brands Inc said on Tuesday that it will cut approximately 20 percent of its corporate workforce and close up to 500 retail stores.
Men’s Wearhouse owner Tailored Brands Inc said on Wednesday it may have to seek bankruptcy protection or discontinue operations, if the Covid-19 crisis continues to pummel sales.
The company is extending the temporary closure of its retail stores and furloughing all U.S. store employees, as well as a significant portion of employees in its distribution network and offices.
The menswear retailer announced a loss of $34.1 million for the fourth quarter on Wednesday, as sales fell across the company’s portfolio and charges related to the sale of the Joseph Abboud brand took their toll.
With North American retailers implementing store closures to combat the spread of Covid-19 since the weekend, Tuesday’s announcements have come from the likes of Macy's, Ralph Lauren, AEO, Foot Locker and Tapestry.