Debt and Changing Trends Spelled Doom for Retailer Tailored Brands

It's the latest apparel company to declare bankruptcy during the pandemic

Men's Wearhouse acquired Jos. A. Bank in 2014 for $1.8 billion, which saddled the company with debt. Getty Images

August 6, 2020

Key insight:

Troubled retailers could be sensing an opportunity to clean up their balance sheets by filing for bankruptcy during the pandemic.

Tailored Brands is just one of several retailers to succumb to Covid-19, but as is the case for many of those that have filed for Chapter 11, the retailer’s struggles date back far before the pandemic began.

Richard Collings

@RichCollings richard.collings@adweek.com Richard Collings is a retail reporter at Adweek.