More investors who have been holding on to fashion companies see the getting is good on Wall Street and are looking to follow SpaceX to the moon via their own IPOs.
The latest is Tailored Brands Inc. — parent to Men’s Wearhouse, Jos. A. Bank, Moores and K&G — which filed its registration statement to go public again on Friday. The firm joins Reformation, which is also going to try its hand at the open market.
Tailored Brands, the largest men’s specialty retailer in the U.S., was founded as The Men’s Wearhouse in 1973, but picked up a pile of debt after buying Jos. A. Bank, a key competitor.
The pandemic proved to be too much and the-then public company filed for bankruptcy in August 2020, emerging that December with its former lenders in the driver’s seat.
Since then, Tailored Brands has sought to use the power of its size and its focus on a single category to sharpen its business.
