Popular Retailer Plans Huge Comeback Six Years After Bankruptcy
Favicon 
www.inspiremore.com

Popular Retailer Plans Huge Comeback Six Years After Bankruptcy

In 2020, Tailored Brands, the parent company of Men’s Wearhouse, Jos. A. Bank, Moores, and K&G Fashion Superstore, filed for Chapter 11 bankruptcy. The company shuttered 400 stores, and many felt like that was the beginning of the end for beloved menswear brands. Six years later, Tailored Brands is plans a return to the New York Stock Exchange. According to Retail Dive, Tailored Brands currently has more than 1,000 locations between its four banner brands. It plans to continue opening dozens more throughout the next several years. “We are successfully introducing our brands to new customers and deepening our relationship with millions of previous customers. Our self-funded investments in highly productive new stores, a world-class marketing engine and a deeper presence in the $33 billion polished casual category is just beginning to unlock our full potential,” the company shared in a new filing. View this post on Instagram A post shared by Men's Wearhouse (@menswearhouse) Tailored Brands CEO Has a Plan for Growth Tailored Brands CEO explained his vision and how he plans to continue the company’s growth through the next several years. “As we continue to grow, our proven, industry-leading management team will remain committed to our values: we put the customer first, we win together, we get better every day, everyone is welcome, and we always act with integrity. We hold ourselves accountable to these values in hiring, developing, retaining our teams, and in how we operate every day,” Tighe shared. “I want to close with heartfelt gratitude to our entire team for their dedication and hard work, our Board of Directors for their guidance and support, and our leadership for their forward-thinking vision. I invite you to join me on this journey as we continue to grow, innovate, and deliver exceptional value for our customers and shareholders.” This story’s featured image can be found here.