Blog: Former Men's Wearhouse CEO prepares new enterprise
Michelle Russell | 15 October 2014
It seems former Men's Wearhouse CEO George Zimmer may be about to show his trump card following his fall-out with the apparel retailer, through the launch of a new company.
Zimmer, who was ousted in June last year with no explanation, told delegates at Salesforce.com's annual Dreamforce conference in San Francisco that he's planning to launch a new "high tech, high touch" company in the next few months.
No further details were offered by Zimmer, other than that the company would "strive to treat customers and shareholders well", according to Houston Business Journal. The new enterprise, however, is expected to be launched via Twitter in the coming months.
Zimmer had founded Men's Wearhouse in 1973. The company, however, remained in the spotlight after the ousting, due to a five-month merger tussle with rival Jos A Bank. Men's Wearhouse finally secured a US$1.8bn deal to buy the firm in March.
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