Men’s Wearhouse was founded in 1973 by George Zimmer. The first store was located in Houston, Texas where they company headquarters remains today.
By 1981, Zimmer had grown the chain to 12 locations. By 1985, there were 25 stores.
In 1992, the company went public. Growth of the chain exploded during the early 90s.
In 1999, the company expands into Canada with the acquisition of Moores Retail Group.
In 2000, the first K&G Women’s Superstore opens.
In 2006, After Hour Formalwear is acquired.
The company was best known for its television commercial’s featuring Zimmer stating, “You’re going to like the way you look. I GUARANTEE it.”
In 2013, founder George Zimmer is fired from his Executive Chairman position for undisclosed reasons.
In 2014, the company acquired competitor Jos. A. Banks for $1.8 billion.
Today, the chain operates over 1,l541 stores under 4 brands: Mens Wearhouse, Mens Wearhouse and Tux, K&G, and Moores Clothing. The company states that it plans to close approximately 10 locations in 2018, but declined to state which locations at this time.
Annual revenue for the company in 2016 was $3.378 billion.
Zimmerman started a new endeavor in 2022, renting tuxedo’s and the market is booming.
The company changed its name to Tailored Brands in February 2016, as well as its ticker symbol on the NYSE, which now is: TLRD. The company headquarters remain in Houston, Texas.
Men’s Wearhouse was founded in 1973 by George Zimmer. The first store was located in Houston, Texas where they company headquarters remains today.
By 1981, Zimmer had grown the chain to 12 locations. By 1985, there were 25 stores.
History
In 1992, the company went public. Growth of the chain exploded during the early 90s.
In 1999, the company expands into Canada with the acquisition of Moores Retail Group.
In 2000, the first K&G Women’s Superstore opens.
In 2006, After Hour Formalwear is acquired.
The company was best known for its television commercial’s featuring Zimmer stating, “You’re going to like the way you look. I GUARANTEE it.”
In 2013, founder George Zimmer is fired from his Executive Chairman position for undisclosed reasons.
In 2014, the company acquired competitor Jos. A. Banks for $1.8 billion.
Today, the chain operates over 1,l541 stores under 4 brands: Mens Wearhouse, Mens Wearhouse and Tux, K&G, and Moores Clothing. The company states that it plans to close approximately 10 locations in 2018, but declined to state which locations at this time.
Annual revenue for the company in 2016 was $3.378 billion.
Zimmerman started a new endeavor in 2022, renting tuxedo’s and the market is booming.
The company changed its name to Tailored Brands in February 2016, as well as its ticker symbol on the NYSE, which now is: TLRD. The company headquarters remain in Houston, Texas.