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Tailored Brands Adds to Covid Carnage with Bankruptcy Filing

What are the pains and actions brands across the industry are taking to try and become consumer-led? Join our webinar "Consumer-Led Retail: Optimizing Assortments at Speed" Sept 28th, featuring experts from MakerSights and DTC brand Taylor Stitch.

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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