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Tailored Brands Adds to Covid Carnage with Bankruptcy Filing

Join us on January 26 at 11 am ET for a webinar with Lenzing, TextileGenesis and sustainable brand ArmedAngels for a discussion on how they’re using Fibercoin technology to realize traceability’s benefits to sustainability, brand loyalty and risk mitigation.

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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