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Tailored Brands Adds to Covid Carnage with Bankruptcy Filing

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Tailored Brands Inc., the owner of Men’s Wearhouse and Jos. A. Bank, filed for bankruptcy Sunday. Tailored entered into a restructuring agreement with more than 75 percent of its senior lenders, according to its voluntary Chapter 11 petition filed in a Southern District of Texas federal bankrupt court. The agreement also provides for a “pre-arranged”…

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