Monday, February 1, 2016

Men’s Wearhouse looking to augment growth under new identity

First Google became Alphabet and now Men’s Wearhouse is following suit by creating a new holding company structure under the name Tailored Brands that hints at growth aspirations beyond the male demographic.

The company said effective Jan. 31, it would become known as Tailored Brands, Inc., when it implements the new holding company structure. The company’s ticker symbol will change to TLRD from MW when trading begins on Feb. 1, but other than that the company’s board will remain the same and shareholders will receive the same number of shares in the new holding company that they currently hold in Men’s Wearhouse.. . . more

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