Men’s Wearhouse, Jos. A. Bank Owner Tailored Brands Expects to File for Bankruptcy
The men's apparel retailer was already suffering before social distancing made office attire and formal wear less necessary.
A specialty retailer of mens suits in the United States and Canada.
The men's apparel retailer was already suffering before social distancing made office attire and formal wear less necessary.
The company blames the coronavirus for many of its recent woes.
Tailored Brands has never recovered from its acquisition of JoS. A. Bank four years ago.
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TLRD earnings call for the period ending February 1, 2020.
The menswear retailer is struggling with changing dress codes, and it's running out of time to adapt.
The company beat scaled-back earnings expectations, but warned that future results might disappoint.
TLRD earnings call for the period ending November 2, 2019.
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