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Tailored Brands files for US IPO, marking return to public markets
Tailored Brands Inc., owner of Men's Wearhouse and other menswear chains, has filed publicly for an initial public offering, signaling its latest move to return to public markets.
Tailored Brands Inc., the parent company of Men's Wearhouse and Jos. A. Bank, has filed publicly for an initial public offering. The filing represents the next step in the menswear retailer's journey back to the public markets after years of private ownership.
The company previously went private in 2016 when it was acquired by a group led by private equity firm Sycamore Partners. Tailored Brands had emerged from bankruptcy in 2021 after filing for Chapter 11 protection during the COVID-19 pandemic.
The IPO filing does not yet disclose the number of shares to be offered or the expected price range. Tailored Brands operates a network of retail stores across the United States and Canada under brands including Men's Wearhouse, Jos. A. Bank, and K&G Fashion Superstore.
The company cited a strong recovery in formalwear and wedding-related demand as conditions improve for the menswear sector. Tailored Brands plans to list on the New York Stock Exchange under the ticker symbol "TLRD."