Men's Warehouse
| Public | |
| Traded as | : TLRD S&P 600 Component |
| Industry | Retail |
| Founded | 1973 (as Men's Wearhouse) |
| Founder | George Zimmer |
| Headquarters | Fremont, California, U.S. |
|
Number of locations
|
1,541 (across all brands) |
|
Area served
|
United States Canada |
|
Key people
|
Douglas S. Ewert (CEO) |
| Products | Men's clothing, footwear, tuxedo rentals and suit pressing |
| Revenue |
 US$3.378 billion (2016) |
|
US$132.8 million (2016) |
|
 US$24.9 million (2016) |
|
| Total assets |
US$2.097 million (2016) |
| Total equity |
US$<107.6> million (2016) |
|
Number of employees
|
22,500 (2017) |
| Subsidiaries |
JoS. A. Bank Clothiers Men's Wearhouse Moores |
| Website |
tailoredbrands.com josbank.com menswearhouse.com mooresclothing.com kgstores.com |
Tailored Brands, Inc. is a U.S.-based, retail holding company for various men's apparel stores, including the Men's Wearhouse and Joseph A. Bank brands.
The company is headquartered in Fremont, California, with additional corporate offices in the Westchase area of Houston, Texas. It is publicly traded on the under the ticker symbol, TLRD.
Tailored Brands, Inc. was created in January 2016 when Men's Wearhouse transitioned to a holding company model and changed its symbol from MW to TLRD.
Founded in 1973, by George Zimmer as a retail men's clothing store, the business had grown to 100 stores when it held an IPO in 1992 raising $13M. Zimmer turned Men's Wearhouse into an industry consolidator, acquiring numerous competitors throughout his tenure leading the firm. Today, as Tailored Brands, the company operates Men's Wearhouse, Men's Wearhouse & Tux, K&G Superstores (an off-price retail chain), Moores Clothing for Men (a Canadian chain of men's clothing stores), Twin Hill Corporate clothing, MW Cleaners in the Houston and Austin areas, and Jos A. Bank. In 1997, it purchased, then liquidated, the bankrupt Kuppenheimer chain.
Men's Wearhouse notably ran television and radio commercials featuring Zimmer, and the oft-repeated slogan, "You're going to like the way you look; I guarantee it." According to Business Week, Men's Wearhouse targets the common man, with "the neatly displayed clothes in Zimmer's stores [being] designed to cater to the unpretentious guy who wants to do as little as possible to maintain his wardrobe."
On November 17, 2006, Men's Wearhouse acquired After Hours Formalwear, a clothier specializing in black tie formalwear, from Federated Department Stores, the parent company of department store company Macy's. After Hours Formalwear was originally rebranded MW Tux, but has now been rolled up under the Men's Wearhouse brand. The formalwear group within Men's Wearhouse specializes in tuxedo rentals for men and boys for black tie events.
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Wikipedia