FREMONT, Calif., Oct. 1, 2018 /PRNewswire/ -- Tailored Brands,
Inc. (NYSE: TLRD) today announced the appointment of Carrie Ask as brand president, Men's Wearhouse
and Moores. Ms. Ask will report directly to Tailored Brands'
executive chairman and will oversee the combined $2 billion omni-channel business that includes
nearly 900 stores across the U.S. and Canada and sees roughly 40 million annual
e-commerce visits.
"Carrie has a strong track record of delivering consistent sales
growth across multiple retail categories and channels," said
Executive Chairman Dinesh Lathi. "Behind Carrie's success is
her passion for the customer and her ability to develop innovative
solutions to adapt to today's rapidly evolving retail landscape. We
look forward to leveraging Carrie's deep retail experience with
global lifestyle and big box brands to lead Men's Wearhouse and
Moores to new heights."
"Men's Wearhouse and Moores represent market leading brands
known for delivering personalized service that help men feel
confident and love the way they look. I am passionate about
overseeing the customer experience from end-to-end as brand
president of Men's Wearhouse and Moores, and working with the teams
to attract new customers, increase our market share and accelerate
profitable growth," said Ask.
Ms. Ask joins Tailored Brands from Levi Strauss & Company
(LS&Co), where she was executive vice president and president,
global retail. At LS&Co, Ms. Ask oversaw more than 2,900
retail stores in 30 countries and partnered with the global
e-commerce team to define and deliver a seamless direct-to-consumer
experience. Previously, she was vice president and general
manager for Nike stores North
America at NIKE Inc. Also at NIKE Inc., Ms. Ask held
the position of vice president and general manager for global
retail at Converse. Ms. Ask also served in executive
leadership roles at Petco, Target and BC Natural Foods. She
is a graduate of the United States Naval
Academy and began her career by serving as an officer in
the United States Navy. Ms.
Ask transitioned into retail by earning a Master's in Business
Administration from Northwestern
University, Kellogg Graduate School of Management, and
joining McKinsey & Company, where she served in the retail
practice and was designated as associate principal.
Scott Norris will step into the
position of chief merchandising officer for Men's Wearhouse and
Moores. Mr. Norris has been with the Company since 1995 in
progressive merchandising roles before becoming brand president of
Men's Wearhouse and Moores in 2014.
Lathi said, "Under Scott's leadership, Men's Wearhouse and
Moores built exclusive labels and developed innovative partnerships
that created customer loyalty and drove strong topline growth and
profitability at these brands."
"I look forward to partnering with Scott and benefitting from
his strong merchandising expertise and deep knowledge of the
customer as we build on the momentum in the Men's Wearhouse and
Moores businesses created by personalized custom suiting and
trend-right product assortments that our customers demand," said
Ask.
About Tailored Brands, Inc.
As the leading specialty retailer of men's suits and largest
men's formalwear provider in the U.S. and Canada, Tailored Brands helps men love the way
they look for work and special occasions. We serve our
customers through an expansive omni-channel network that includes
over 1,400 stores in the U.S. and Canada as well as our branded e-commerce
websites. Our brands include Men's Wearhouse, Jos. A. Bank,
Joseph Abboud, Moores Clothing for
Men and K&G. We also operate an international corporate
apparel and workwear group consisting of Dimensions, Alexandra and
Yaffy in the United Kingdom and
Twin Hill in the United States.
For additional information on Tailored Brands, please visit the
Company's websites at www.tailoredbrands.com,
www.menswearhouse.com, www.josbank.com, www.josephabboud.com,
www.mooresclothing.com, www.kgstores.com, www.dimensions.co.uk,
www.alexandra.co.uk and www.twinhill.com.
This press release contains forward-looking information,
including the Company's statements regarding bringing Men's
Wearhouse and Moores to new heights and increasing market share and
attracting new customers at these brands. In addition, words such
as "expects," "anticipates," "envisions," "targets," "goals,"
"projects," "intends," "plans," "believes," "seeks," "estimates,"
"guidance," "may," "projections," and "business outlook,"
variations of such words and similar expressions are intended to
identify such forward-looking statements. The forward-looking
statements are made pursuant to the Safe Harbor provisions of the
Private Securities Litigation Reform Act of 1995. Any
forward-looking statements that we make herein are not guarantees
of future performance and actual results may differ materially from
those in such forward-looking statements as a result of various
factors. Factors that might cause or contribute to such
differences include, but are not limited to: actions or
inactions by governmental entities; domestic and international
macro-economic conditions; inflation or deflation; the loss of, or
changes in, key personnel; success, or lack thereof, in formulating
or executing our internal strategies and operating plans including
new store and new market expansion plans; cost reduction
initiatives and revenue enhancement strategies; changes in demand
for clothing or rental product; market trends in the retail
business; customer confidence and spending patterns; changes in
traffic trends in our stores; customer acceptance of our
merchandise strategies, including custom clothing; performance
issues with key suppliers; disruptions in our supply chain; severe
weather; foreign currency fluctuations; government export and
import policies, including the enactment of duties or tariffs;
advertising or marketing activities of competitors; the impact of
cybersecurity threats or data breaches and legal proceedings.
Forward-looking statements are intended to convey the Company's
expectations about the future, and speak only as of the date they
are made. We undertake no obligation to publicly update or
revise any forward-looking statements that may be made from time to
time, whether as a result of new information, future developments
or otherwise, except as required by applicable law. However,
any further disclosures made on related subjects in our subsequent
reports on Forms 10-K, 10-Q and 8-K should be consulted. This
discussion is provided as permitted by the Private Securities
Litigation Reform Act of 1995, and all written or oral
forward-looking statements that are made by or attributable to us
are expressly qualified in their entirety by the cautionary
statements contained or referenced in this section.
Contacts:
Investors:
Julie MacMedan, VP, Investor
Relations
Tailored Brands, Inc
(281) 776-7575 ir@tailoredbrands.com
Media:
Diego Louro, Director, Public
Relations
Tailored Brands, Inc.
diego.louro@tailoredbrands.com
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SOURCE Tailored Brands, Inc.