Tag: close

Tailored Brands to Close Up to 500 Stores

Click here to read the full article.

Tailored Brands Inc. is making some dramatic moves to right the ship.

Early Tuesday, the parent of Men’s Wearhouse and Jos. A. Bank said it will close up to 500 stores and slash 20 percent of its workforce due to the coronavirus.

As a result, the company expects to record a pre-tax charge of about $6 million in the second quarter of fiscal 2020 for severance payments and other termination costs, all of which are cash costs, it said.

Dinesh Lathi, president and chief executive officer, said, “We have safely reopened almost all

Read more

Business leaders, MPs and sports stars back Telegraph letter urging Government to close lockdown gender gap

Prominent names have backed a letter published in The Telegraph urging action to halt the effect of the pandemic on women
Prominent names have backed a letter published in The Telegraph urging action to halt the effect of the pandemic on women
Equality Check - embed - fix
Equality Check – embed – fix

Britain risks “sleepwalking” into another economic problem by “overlooking women in the recovery plan”, Dame Helena Morrissey warns today as she joins over 50 business leaders, MPs and senior figures in fashion and sport in calling on the Government to take concrete action to halt the long-term effect of the coronavirus pandemic on women. 

In a letter to the editor of the Telegraph, which you can read in full below, some of the

Read more