YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Men's Wearhouse parent emerges from bankruptcy

Posted online

Men's Wearhouse parent company Tailored Brands emerged from Chapter 11 bankruptcy.

During the financial restructuring process, the fashion retailer eliminated some $686 million in debt.

In July, the company announced plans to close as many as 500 stores and lay off 20% of its workforce in response to the COVID-19 pandemic.

Read more from Reuters.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Moseley’s Discount Office Products

Moseley’s Discount Office Products was purchased; Side Chick opened in Branson; and the Springfield franchise store of NoBaked Cookie Dough changed ownership.

Most Read
Update cookies preferences