Tailored Brands CEO Steps Down businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.
Dive Brief:
Tailored Brands CEO and President Dinesh Lathi is stepping down from his post, effective March 26, the menswear retailer said in a press release.
After Tailored Brands exit from bankruptcy in December and the recent securing of new emergency financing, Lathi and the board mutually agreed that this is the right time to re-evaluate the skills and experiences needed in the CEO role as the Company prepares for its next chapter of growth and success, the retailer said.
Tailored Brands board members Bob Hull and Peter Sachse are set to serve as interim co-CEOs while the board searches for a permanent chief.
Men s Wearhouse is getting its fourth CEO in a decade
The retailer s CEO is stepping down after the company received a $75 million loan. Xinhua News Agency/Getty Images 4 days ago
Tailored Brands, the parent of retail banners Men’s Wearhouse and Jos. A. Bank Clothiers, is searching for a new CEO after announcing the departure of Dinesh Lathi, who will step down from the role effective March 26.
Don t miss
The Business of Marketing, a new series featuring leading c-suite executives sharing insights on the importance of leveraging the intersectionality of marketing, finance, technology, HR and the boardroom to drive business growth.
2 weeks ago
Tailored Brands and 1822 Denim Among Global Leaders Using Company’s AI-Powered Fit Solutions to Drive Down Apparel Returns and Boost Conversion
SAN MATEO, Calif.–(BUSINESS WIRE)–#1822denim 3DLOOK, the global leader in AI-first mobile body measuring and fit solutions, today announced that it has raised $6.5 million in Series A funding, led by Almaz Capital with participation from TMT Investments and Zubr Capital. The investment brings the company’s total fundraising to date to $11.2 million. The new funds will be used to expand 3DLOOK’s U.S. leadership team and establish new R&D labs in the U.S. and Western Europe as the company continues building the fastest and most engaging camera-enabled personalized shopping experiences for consumers and delivering advanced body data analytics to enterprise companies. Tailored Brands and 1822 Denim are among the leading global fashion retailers that are using 3DLOOK’s solutions to drive do
3DLOOK Announces $6 5 Million Series A Round, Led by Almaz Capital benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.