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Tailored Brands Likely to Go Bankrupt as Soon as Aug. 2

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

Covid may have backed Tailored Brands into a corner where bankruptcy is the only viable option. On Monday afternoon, the parent to Men’s Wearhouse and Jos. A. Bank said it could be forced to reorganize under existing bankruptcy laws “possibly as soon as during the third quarter of fiscal 2020,” which starts on Aug. 2,…

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