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Tailored Brands Closes $75 Million in New Investments as for Post-Pandemic Plans

FINANCING By Dorothy Crouch | Wednesday, March 10, 2021 Omni-channel specialty menswear retail giant Tailored Brands, Inc., announced its closure of $75 million in new financing as it positions its brands, Men s Wearhouse, Moores Clothing for Men and K&G Fashion Superstore, for post-pandemic business. Existing shareholders and lenders comprise the group of investors who contributed to financing $50 million of mandatorily convertible notes and $25 million in additional senior secured debt, providing liquidity for Tailored Brands during its recovery. “We are seeing solid momentum across all of our brands and continue to advance key strategic priorities, including enhancing our omni-channel experience, launching our Men’s Wearhouse Next-Gen stores, and evolving our merchandise assortment via new and expanding partnerships with Michael Strahan, Vera Wang and Alternative Apparel,” said Tailored Brands President and Chief Executive Officer Dinesh Lathi.

Is sex the best way to sell suits when we re still social distancing? | Men s fashion

Last modified on Thu 11 Mar 2021 04.59 EST An advert for the men’s fashion brand Suitsupply, featuring models in an orgy setting, kissing open-mouthed with tongues, has created anger online. The tagline of the advert – “The new normal is coming” – nods to the end of the pandemic and the bacchanalian promise of a post-Covid era that some analysts have called “the roaring 20s”. One commenter on Suitsupply’s Instagram page asked: “How does this sell suits?” while another wrote: “Stick to what you’re good at. An attempt at woke marketing is definitely not it.” However, the company’s CEO and founder, Fokke de Jong, has defended the advert, telling the Guardian: “Post-pandemic life is on the horizon. Social distancing for extraordinary long periods of time has conditioned us to fear [the] proximity of others. The campaign is simply a positive outlook on our future where people can get back to gathering and getti

Welcome to the lucrative world of retail bankruptcy

Welcome to the lucrative world of retail bankruptcy
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Men s Wearhouse Expands Next-Gen Design Concept to 2 Stores

Men’s Wearhouse Expands Next-Gen Design Concept to 2 Stores February 4, 2021 at 12:54 PM EST By Nicole Silberstein Share on email Men’s Wearhouse is doubling down on offering an omnichannel experience in a brick-and-mortar environment with the opening of two newly redesigned Next-Gen stores, in Shenandoah, Texas which debuted in September 2020 and Buford, Ga. The reimagined stores were developed in partnership with Nelson Worldwide and have been designed to support a seamless omnichannel experience, incorporating a range of new technology solutions alongside a modernized aesthetic featuring clean sight lines and glass and steel finishes. Over the past nine months, Men’s Wearhouse parent company Tailored Brands says it has launched

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