Men's Wearhouse news and archive

Whit Alexander joins Tailored Brands as EVP and chief customer officer

Men's apparel retailer Tailored Brands has named Whit Alexander as its new executive vice president and chief customer officer, effective February 24, 2025. The company said Alexander's deep expertise in omnichannel retail, spanning consumer analytics, performance marketing, and brand strategy, will be a valuable asset to the parent company of...

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Q&A with George Zimmer, Founder, Chairman and CEO of Generation Tux

Renting services have become mainstream in modern-day society, seeping into all sectors from staying in virtual strangers’ homes for vacation on Airbnb, to downloading and borrowing books on Kindle, to streaming tv-series on Netflix and listening to music via Spotify. Fashion is no different, with services ranging from Rent the Runway offering...

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Retailer Men’s Wearhouse partners with Michael Strahan to launch personalized suiting program

Men's Wearhouse, one of the leading retailers of men's clothing and accessories in the US, has teamed up with Michael Strahan to launch a new custom-suiting program. The two companies have been working together since 2020 and have now developed a program that offers customers a personalized shopping experience. The program will be available at...

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Bob Hull and Peter Sachse to continue as Tailored Brands co-CEOs

Tailored Brands, Inc. has announced that board members Bob Hull and Peter Sachse will continue as co-CEOs moving forward to provide continuity to the organisation. The company said in a release that Hull and Sachse were both appointed as interim co-CEOs and joined the company’s board on March 16, 2021. Since that time, they have solidified a...

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Tailored Brands names Brandy Richardson as its new CFO

Tailored Brands, Inc. has announced the appointment of Brandy Richardson as its chief financial officer (CFO), effective November 8, 2021. Richardson, the company said, joins Tailored Brands with more than 20 years of experience in finance, business transformation, strategic planning and execution, capital allocation, investor relations, process...

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Tailored Brands names Scott Vifquain as chief technology officer

Tailored Brands, Inc. has announced the appointment of Scott Vifquain as its executive vice president and chief technology officer (CTO). Vifquain, the company said, joins Tailored Brands with extensive technology and retail experience as well as a proven track record of transforming business operations and identifying and introducing...

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Tailored Brands ropes in three new senior retail executives

Tailored Brands, Inc. has announced the appointment of three retail veterans to its leadership team. The company said, John Tighe has been appointed executive vice president (EVP) and chief customer officer, Karla Gray has assumed the role of EVP and chief stores officer and Tim Cooksey has joined the organization as SVP of real estate. “We are...

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Tailored Brands CEO Dinesh Lathi to step down

Tailored Brands, Inc. has announced that Dinesh Lathi will step down from his role as president and chief executive officer, effective March 26. The company said in a statement that board members Bob Hull and Peter Sachse will act as Interim Co-CEOs while the board searches for a permanent successor. “It has been my pleasure to work as part of...

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Tailored Brands secures 75 million dollars in financing

Men’s Wearhouse owner Tailored Brands has announced 75 million dollars in new financing following its emergence from Chapter 11 bankruptcy late last year. The financing comprises 50 million dollars of mandatory convertible notes and 25 million dollars in additional senior secured debt, and will provide additional liquidity for the business as it...

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Tailored Brands expects to exit Chapter 11 bankruptcy by end of November

Men’s Wearhouse owner Tailored Brands has announced it expects to exit Chapter 11 bankruptcy by the end of November after winning approval for its reorganisation plan by the US Bankruptcy Court for the Southern District of Texas. The company filed for bankruptcy back in August after experiencing a significant hit from Covid-19. In July, the...

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Tailored Brands files for bankruptcy

Tailored Brands, Inc., parent company of Men’s Wearhouse and Jos. A. Bank, has entered into a restructuring support agreement (RSA) with more than 75 percent of its senior lenders. The company said in a statement that to implement the terms of the RSA, the company has filed voluntary Chapter 11 petitions in the United States Bankruptcy Court for...

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Tailored Brands 'likely' to file for bankruptcy in third quarter

Men's Wearhouse owner Tailored Brands has announced it is 'likely' it will file for bankruptcy in the third quarter as it grapples with the impact of Covid-19. The company said the impact of the pandemic has “raised substantial doubt about [its] ability to continue as a going concern within one year of the date that [its] condensed consolidated...