Latest news with #Men'sWearhouse


Fashion Network
2 days ago
- Business
- Fashion Network
Tailored Brands CFO steps down
Tailored Brands, Inc., the parent company of Men's Wearhouse, Jos. A. Bank, Moores, and K&G Fashion Superstore, announced that chief financial officer Brandy Richardson will depart the company on July 25 to pursue another opportunity. The Houston-based company has initiated a formal search for her successor. In the interim, Tailored Brands' finance team will report directly to John Tighe, the company's president and incoming chief executive officer. 'Since joining us in 2021, Brandy has contributed to our successful business and financial transformation. With a strong foundation in place, I'm confident that with our talented leadership and finance teams we are well-positioned to execute our future growth plans and build on our momentum,' said Peter Sachse, current Tailored Brands chief executive officer and forthcoming executive chairman. 'I appreciate Brandy's partnership and leadership over the years and wish her continued success in her next chapter.' Richardson has served as CFO of Tailored Brands since 2021. Prior to that, she spent 15 years at Neiman Marcus in various financial roles. Next, she will join Saks Global as chief financial officer on August 18.


Fashion Network
2 days ago
- Business
- Fashion Network
Tailored Brands CFO steps down
Tailored Brands, Inc., the parent company of Men's Wearhouse, Jos. A. Bank, Moores, and K&G Fashion Superstore, announced that chief financial officer Brandy Richardson will depart the company on July 25 to pursue another opportunity. The Houston-based company has initiated a formal search for her successor. In the interim, Tailored Brands' finance team will report directly to John Tighe, the company's president and incoming chief executive officer. 'Since joining us in 2021, Brandy has contributed to our successful business and financial transformation. With a strong foundation in place, I'm confident that with our talented leadership and finance teams we are well-positioned to execute our future growth plans and build on our momentum,' said Peter Sachse, current Tailored Brands chief executive officer and forthcoming executive chairman. 'I appreciate Brandy's partnership and leadership over the years and wish her continued success in her next chapter.' Richardson has served as CFO of Tailored Brands since 2021. Prior to that, she spent 15 years at Neiman Marcus in various financial roles. Next, she will join Saks Global as chief financial officer on August 18.


Business Journals
23-06-2025
- Business
- Business Journals
Men's Wearhouse parent company Tailored Brands names new CEO
Tailored Brands Inc., the Houston-based parent company of Men's Wearhouse, Jos. A. Bank and other specialty men's retail brands, has named its next CEO. Current CEO Peter Sachse will transition to executive chairman of the board after helping turn around the company following its 2020 bankruptcy.


Fashion Network
19-06-2025
- Business
- Fashion Network
Tailored Brands names new CEO
Tailored Brands on Wednesday announced the promotion of John Tighe to the role of chief executive officer, as well as joining the U.S. apparel firm's the board of directors, effective August 5. Tighe succeeds Peter Sachse, who will transition from his current role as CEO to executive chairman of the company's board. The new CEO first joined Tailored Brands in May 2021 as executive vice president and chief customer officer, before becoming president of the Houston-based company in March 2022. 'The hallmark of a strong and resilient organization is a well-developed succession plan, and John's promotion highlights the thoughtful, holistic talent strategy Tailored Brands has established," said Sachse, who was first appointed to the board in March 2021, and went on to lead the company's transformation as co-CEO alongside Bob Hull. In February 2024, he was named sole CEO. "Over the past four years, John has been instrumental in our company's ability to anticipate market shifts and evolve with our customers as he architected nuanced merchandising, planning, marketing, and value-driven pricing strategies. There is no doubt he is the right successor at the right time, and I'm excited to see Tailored Brands continue to thrive under his leadership.' Based in Texas, Tailored Brands is a specialty retailer of menswear, including suits, formalwear and a broad selection of business casual offerings. Its portfolio includes Men's Wearhouse, Jos. A. Bank, Moores and K&G Fashion Superstore. 'I'm honored to lead this talented organization to deliver on our company's purpose and value proposition. I look forward to Peter's continued mentorship as he takes on his new role and want to thank the board, Peter and the entire leadership team for their support and confidence," said Tighe. "I'm grateful to work alongside such a talented and passionate leadership team as well as the more than 14,000 team members who wake up every day to put our customers at the center of every decision. We wouldn't be where we are today without their tireless dedication, and I look forward to unlocking the potential of all our banners as a team."


Fashion Network
19-06-2025
- Business
- Fashion Network
Tailored Brands names new CEO
Tailored Brands on Wednesday announced the promotion of John Tighe to the role of chief executive officer, as well as joining the U.S. apparel firm's board of directors, effective August 5. Tighe succeeds Peter Sachse, who will transition from his current role as CEO to executive chairman of the company's board. The new CEO first joined Tailored Brands in May 2021 as executive vice president and chief customer officer, before becoming president of the Houston-based company in March 2022. 'The hallmark of a strong and resilient organization is a well-developed succession plan, and John's promotion highlights the thoughtful, holistic talent strategy Tailored Brands has established," said Sachse, who was first appointed to the board in March 2021, and went on to lead the company's transformation as co-CEO alongside Bob Hull. In February 2024, he was named sole CEO. "Over the past four years, John has been instrumental in our company's ability to anticipate market shifts and evolve with our customers as he architected nuanced merchandising, planning, marketing, and value-driven pricing strategies. There is no doubt he is the right successor at the right time, and I'm excited to see Tailored Brands continue to thrive under his leadership.' Based in Texas, Tailored Brands is a specialty retailer of menswear, including suits, formalwear and a broad selection of business casual offerings. Its portfolio includes Men's Wearhouse, Jos. A. Bank, Moores and K&G Fashion Superstore. 'I'm honored to lead this talented organization to deliver on our company's purpose and value proposition. I look forward to Peter's continued mentorship as he takes on his new role and want to thank the board, Peter and the entire leadership team for their support and confidence," said Tighe. "I'm grateful to work alongside such a talented and passionate leadership team as well as the more than 14,000 team members who wake up every day to put our customers at the center of every decision. We wouldn't be where we are today without their tireless dedication, and I look forward to unlocking the potential of all our banners as a team."