Men's Wearhouse announces new holding company: Tailored BrandsStaff writer ▼ | January 29, 2016
The Men's Wearhouse said that from January 31, 2016, it will implement a holding company structure. The new holding company is Tailored Brands, Inc., a Texas corporation.
New holding Tailored Brands to trade on the NYSE under TLRD
Tailored Brands, Inc. will replace Men's Wearhouse as the publicly held corporation, and beginning on February 1, 2016, the shares of Tailored Brands, Inc. will trade on the NYSE under the ticker symbol TLRD. The directors and executive officers of the company will not change.
Doug Ewert, chief executive officer stated, "We believe the holding company structure will allow us to support, nurture and augment our family of brands as we further leverage our shared services platform."
Men's Wearhouse will provide a fourth quarter 2015 update on Tuesday, February 16, 2016. ■