Thursday, March 9, 2017

Rough quarter for Tailored Brands; restructuring deal with Macy’s

The parent of Men's Wearhouse, Jos. A. Bank and other menswear brand reported lower sales in its fourth quarter amid soft traffic across its brands. 
Tailored Brands reported sales of $793.3 million in the quarter ended Jan. 28, down from $826 million a year ago. The company closed 232 stores in 2016.. . . more

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