Suits and tailored shirts are out, sweatpants and pajamas are in: remote working is changing work clothes habits, and old-school office attire should emerge from the pandemic far less starched and strict.
The menswear retailer reported decreases in sales and earnings for the second quarter on Wednesday, and announced that it is suspending its quarterly cash dividend in order to reallocate the funds for debt repayment.
The men’s apparel retail group has announced that its Men’s Wearhouse and Jos. A. Bank chains will be offering new customization options thanks to a multi-year licensing agreement with the National Football League.