Blog: Michelle RussellFormer 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.

BLOG

Hong Kong sustainability scoop

We led on just-style last week with a world exclusive scoop on a number of new projects being unveiled in Hong Kong next month – including the first mill being set up in the territory in more than hal...

NEWS

JD.com optimistic on FY despite wider Q2 loss

Despite widening its net losses, Chinese e-commerce giant JD.com has offered an optimistic outlook thanks to higher sales in the second quarter....

BLOG

Spotlight on Central America sourcing

A worsening political and social crisis in Nicaragua is having a spillover effect in Central America, where the spectre of rising violence in Guatemala and El Salvador is threatening to undermine appa...

NEWS

Top stories this week on just-style...

Top stories on just-style this week include at look at the implications of tariffs being imposed on all goods imported into the US from China, VF Corp's plans to spin off the group's denim and outlet ...

BLOG

Trump trade war may hit garment prices

With US president Donald Trump now threatening to impose tariffs on all US$500bn of goods imported from China, the upcoming trade war will undoubtedly hit garments. But replacing China means replacing...

BLOG

New re:source online strategic planning tool launched

Today marks an exciting milestone in just-style’s nearly 20-year history, with the official launch of our new re:source online strategic planning tool....

just-style homepage



Forgot your password?