Tailored Brands’ CEO Steps Down After the Retailer Receives a $75 Million Lifeline

Men's Wearhouse is getting its fourth CEO in a decade

the front of a men's warehouse store
The retailer's CEO is stepping down after the company received a $75 million loan. Xinhua News Agency/Getty Images

Tailored Brands, the parent of retail banners Men’s Wearhouse and Jos. A. Bank Clothiers, is searching for a new CEO after announcing the departure of Dinesh Lathi, who will step down from the role effective March 26.

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@RichCollings richard.collings@adweek.com Richard Collings is a retail reporter at Adweek.