Jos. A. Bank Parent Tailored Brands Files for Nasdaq IPO

Tailored Brands, the parent company of Jos. A. Bank, Men’s Wearhouse, Moores, and K&G Fashion Superstore, has filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering.

The company plans to list its shares on the Nasdaq under the ticker symbol MENW. The size of the offering and pricing terms have not yet been disclosed.

Goldman Sachs, Morgan Stanley, and Jefferies are serving as lead underwriters for the proposed offering.

For fiscal 2025, Tailored Brands reported $217 million in net income on $2.5 billion in revenue.

Tailored Brands filed for Chapter 11 bankruptcy protection in August 2020 after the COVID-19 pandemic and widespread remote work sharply reduced demand for business attire. The company emerged from bankruptcy later that year after eliminating approximately $686 million in debt.

The IPO follows a pivotal chapter in the company’s history that began in late 2013, when Jos. A. Bank and Men’s Wearhouse engaged in a highly publicized takeover battle. Jos. A. Bank rejected a $1.54 billion acquisition offer from Men’s Wearhouse in December 2013, arguing the bid significantly undervalued the company.

In February 2014, Jos. A. Bank announced plans to acquire outdoor apparel retailer Eddie Bauer for $825 million. Men’s Wearhouse sued to block the transaction, contending the deal was designed primarily to make Jos. A. Bank a less attractive takeover target. A Delaware judge allowed the challenge to proceed on an expedited basis, raising concerns that the Eddie Bauer acquisition could be viewed as a defensive maneuver.

The takeover saga concluded on March 11, 2014, when the companies announced a definitive agreement for Men’s Wearhouse to acquire Jos. A. Bank in a deal valued at approximately $1.8 billion. Jos. A. Bank abandoned its Eddie Bauer acquisition, and the combined company later became Tailored Brands, bringing together the two menswear retailers under a single corporate parent.