Kirkland & Ellis, already juggling Chapter 11 cases for many of the coronavirus pandemic's biggest corporate casualties, has added two more notches to its bankruptcy belt: retailers Lord & Taylor and the owner of Men's Wearhouse, Tailored Brands.
Suit retailer Men’s Wearhouse filed for bankruptcy on Sunday as the coronavirus has kept millions of office workers at home and in lounge pants. Parent company Tailored Brands, which also owns Jos A. Bank, filed for Chapter 11 protection in Houston, Tex., after reaching a deal with a majority of its lenders to keep 1,400…
Tailored Brands, the company that owns Men’s Wearhouse, has joined a growing list of retailers filing for bankruptcy protection amid the coronavirus pandemic.
The parent company of suit sellers Men's Wearhouse and Jos. A. Bank filed for Chapter 11 bankruptcy Sunday amid store closings. See the list.
Tailored Brands is seeking bankruptcy protection, as is Lord & Taylor, America’s oldest retailer, lengthening the list of major retail chains that have faltered in the pandemic.
The parent company of suit sellers Men's Wearhouse and Jos. A. Bank filed for Chapter 11 bankruptcy protection Sunday amid store closings.
Tailored Brands, which owns Men's Wearhouse and Jos. A. Bank, has filed for bankruptcy, becoming the latest US retail casualty of the coronavirus pandemic that wiped out demand for office attire.
Tailored Brands, known for its clothing chains Men’s Wearhouse and JoS. A. Bank, struggled as the pandemic shut stores and consumer demand for office attire dropped.
Menswear retailer Tailored Brands Inc. undefined , the parent company of Men's Wearhouse and Jos. A. Banks, filed for Chapter 11 bankruptcy protection…
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) releases a special report which provides details regarding the going concern warning issues by Tailored Brands, Inc. and examines CMBS exposure to each of the specialty apparel retailer’s stores: Men’s Wearhouse, JoS. A. Bank, K&G Fashion Superstore, and Men’s Wearhouse and Tux. In the quarterly filing, management indicated it was likely to pursue bankruptcy reorganization as soon as August 2. The time frame coincides with the end o
Tailored Brands (NYSE:TLRD) says it has engaged advisors to assist with its plans to evaluate several alternatives, including seeking a restructuring, amen
Tailored Brands (NYSE:TLRD) announces that it received NYSE notification on July 22 that the company is no longer in compliance with the continued listing
FREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) today announced that it received notification from the New York Stock Exchange (“NYSE”) on July 22, 2020 that the Company is no longer in compliance with the NYSE continued listing criteria that requires listed companies to maintain a 30-trading day average market capitalization of $50 million coupled with stockholders’ equity of at least $50 million and an average closing share price of at least $1.00 over a consecutive 30 tr
Tailored Brands runs Men's Wearhouse and Jos. A. Bank, with the two retailers having 20 stores in Connecticut including in Danbury, Greenwich, Stamford and Milford.
Tailored Brands, which owns suit sellers Men's Wearhouse and Jos. A. Bank, is shuttering hundreds of stores and drastically reducing its corporate workforce as the coronavirus pandemic continues to decimate the retail industry.
Tailored Brands announced a round of layoffs and hundreds of looming store closures Tuesday, as its business suffers a blow from the coronavirus pandemic.
Tailored Brands, owner of Men's Wearhouse and Jos. A. Bank, plans to close up to 500 stores due to the COVID-19 pandemic. Will your location shutter?
Broke Brothers - Oldest US Men's Retailer Files Chapter 11 Bankruptcy Tyler Durden Wed, 07/08/2020 - 08:36 The forced work-from-home lockdowns have created an environment where the average working man (or woman or other) in America is now only visible from the shoulder up on his Zoom calls. This new normal of (in)formal meetings seems to have been the last nail in the coffin of America's most iconic menswear retailers as Brooks Brothers has just filed for bankruptcy (just weeks after Men's Wearhouse owner Tailored Brands considered the same). A month ago we noted that the 202 year-old clothing retailer Brooks Brothers was in talks with banks about raising financing for a potential Chapter 11 bankruptcy filing amid the coronavirus pandemic, according to a report by CNBC . Brooks Brothers Chief Executive Claudio Del Vecchio, told The New York Times at the time that while he was not “eager” to consider a Chapter 11 bankruptcy filing, he would not rule it out . It appears, despite The Fed's massive credit easing, that no one would rescue the oldest men's retailer and the closely-held company, which is owned by Italian businessman Claudio Del Vecchio, filed for bankruptcy protection in Wilmington, Del .
The shares of Tailored Brands, Inc. (NYSE: TLRD ) jumped in the after-hours session on Wednesday as the company gave a business update for the first quarter. What Happened The men's fashion retailer said net sales fell 60.4% year-on-year to $286.7 million in the quarter ending on May 2, due to the impact of the novel coronavirus. This is 28.2% lower than the average consensus of … Full story available on Benzinga.com
Investors need to pay close attention to Tailored Brands (TLRD) stock based on the movements in the options market lately.
Tailored Brands Inc., (TLRD) is reportedly mulling to file for bankruptcy proceedings as demand for new suits stalled during the coronavirus lockdown period … The post Tailored Brands Is Said To Weigh Bankruptcy Protection; Shares Fall In Pre-Market appeared first on Smarter Analyst .
Tailored Brands Inc (NYSE:TLRD) stock and bond analysis by Michael Roberson of Strategy Chain. Q1 2020 hedge fund letters, conferences and more Tailored Brands:… The post Long Idea: Tailored Brands Bonds And Equity appeared first on ValueWalk .
Tailored Brands (NYSE:TLRD) says it will extend the temporary closure of its retail stores until at least May 4. The company is also implementing additiona
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Tailored Brands (TLRD) earnings for the company's fiscal fourth quarter of 2019 have TLRD stock taking a beating after-hours Wednesday.
— Tailored Brands (NYSE: TLRD) reported fourth-quarter 2019 adjusted loss per share of $0.46 vs. expected loss per share of $0.53. — Sales decreased by 5.3% to $691 million vs. $708.49 million expected. Comparable sales declined by 3%. — TLRD stock, which plunged 68% so far this year, was up about 6% immediately after the earnings […]
Tailored Brands (NYSE:TLRD) closes on the sale of the Joseph Abboud trademarks to WHP Global for $115M. The company also entered into a licensing agreement
FREMONT, Calif., & NEW YORK--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) and WHP Global (“WHP”) today announced that they have entered into an agreement whereby Tailored Brands will sell the Joseph Abboud trademarks to WHP for $115 million. Tailored Brands has also entered into a licensing agreement with WHP for the exclusive rights to sell and rent Joseph Abboud branded apparel and related merchandise in the U.S. and Canada. “The Joseph Abboud brand has played and will continue to play
Stocks that moved substantially or traded heavily on Thursday: Delta, FormFactor rise; Tailored Brands, Host Hotels fall
Tailored Brands (TLRD) delivered earnings and revenue surprises of 23.26% and 1.88%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?
Tailored Brands (TLRD) earnings for the men's apparel retailer's third quarter of 2019 have TLRD stock up in after-hours trading Wednesday.
Q3 2019 GAAP diluted EPS and adjusted diluted EPS from continuing operations of $0.56 and $0.53, respectively Company expects FY 2019 adjusted diluted EPS from continuing operations of $0.97 to… | December 11, 2019
Tailored Brands' (TLRD) soft retail business and strained margins remain concerns. However, its transformation efforts to boost customer experience and personalization appear encouraging.
Investors need to pay close attention to Tailored Brands (TLRD) stock based on the movements in the options market lately.
TLRD earnings call for the period ending August 3, 2019.
Tailored Brands (TLRD) delivered earnings and revenue surprises of 10.81% and 0.04%, respectively, for the quarter ended July 2019. Do the numbers hold clues to what lies ahead for the stock?
Tailored Brands Inc. fell 33% in the extended session Wednesday after the stock was halted at the last hour of the regular trading following the retailer's…
Investors need to pay close attention to Tailored Brands (TLRD) stock based on the movements in the options market lately.
Shares of Tailored Brands Inc. surged 5.7% in premarket trading Tuesday, after the mens' suits retailer said it entered into a "multi-year"…
Tailored Brands (NYSE: TLRD ) shares are trading higher after the company announced it has sold its corporate apparel business for $62 million. The company has also raised second-quarter EPS guidance above analyst estimates. Tailored Brands closed the sale of its corporate apparel business to a group led by the existing corporate apparel U.K. executive team for total cash consideration of $62 million. The company reports of the $62 million in … Full story available on Benzinga.com
Tailored Brands Inc. said Monday it is selling its corporate apparel business to a group led by the existing corporate apparel U.K. executive team for $62…
Our roster of companies whose time might have come and gone includes Gamestop, JCPenney, Blue Apron, and maybe Tailored Brands.
Tailored Brands (TLRD): Q1 Non-GAAP EPS of $0.21 beats by $0.06; GAAP EPS of $0.14 in-line. Revenue of $781.39M (-4.5% Y/Y) beats by $5.17M. Shares -13.3%.
Garmin, Tailored Brands, Amazon, China Mobile and Lloyds highlighted as Zacks Bull and Bear of the Day