NEW
YORK, May 14, 2024 /PRNewswire/ -- WHP
Global, a leading brand management firm, and Tailored
Brands, Inc., a leading omni-channel specialty retailer of
menswear, today announced the expansion and extension of their
licensing partnership for the iconic Joseph Abboud®
brand.
Under the extended long-term agreement, Tailored Brands will
continue to design, manufacture, market, and sell Joseph Abboud
branded tailored clothing and sportswear in the United States and Canada, with plans to grow the brand. The
extension of this partnership underscores the successful
collaboration between Tailored Brands and WHP Global, which
acquired the Joseph Abboud brand in 2020, as well as the continued
strength of the Joseph Abboud brand in the menswear fashion
market.
Joseph Abboud, known for its timeless style, impeccable
craftsmanship, and sophisticated designs has been a cornerstone of
the menswear industry for decades. With Tailored Brands' expertise
in delivering high-quality tailored clothing and sportswear to
consumers through various channels, the partnership has
consistently delivered exceptional products that resonate with
discerning customers. Today, Joseph Abboud is a top selling brand
at Men's Wearhouse with a robust Made in America tailored
business operated out of the longstanding Joseph Abboud Factory in
New Bedford, Massachusetts. As the
largest tailored clothing factory in the
United States, Tailored Brands serves as a significant
employer in the manufacturing community, proudly creating
domestically produced goods in the heart of New England.
"Extending our partnership for the Joseph Abboud brand will help
ensure that we continue to deliver a proven solution for our
customers," said John Tighe,
President of Tailored Brands. "Joseph Abboud is an iconic American
brand with a rich heritage and a loyal customer base. We are proud
to continue to bring Joseph Abboud's timeless style and exceptional
quality to our customers, and we look forward to further
strengthening our partnership with WHP Global."
"Tailored Brands is delivering exceptional results, and we are
thrilled to extend and expand our partnership with them for the
Joseph Abboud fashion brand," said Yehuda
Shmidman, Chairman and CEO of WHP Global. "Tailored Brands
is an outstanding partner led by a winning management team. We look
forward to continuing to work together to further elevate the
Joseph Abboud brand and expand its reach in North America."
The extension of the partnership between WHP Global and Tailored
Brands reaffirms their shared commitment to delivering high-quality
menswear products that embody sophistication, style, and
craftsmanship. Customers can expect to see continued innovation and
excellence in the Joseph Abboud collection as the partnership
enters its next phase.
ABOUT TAILORED BRANDS
Tailored Brands is a
leading omnichannel specialty retailer of menswear,
including suits, formalwear and a broad selection of
business casual offerings. We help our customers look and feel
their best for their most important moments through our convenient
network of stores and e-commerce sites. Our brands include
Men's Wearhouse, Jos. A. Bank,
Moores and K&G Fashion Superstore. For
additional information on Tailored Brands, please visit the
Company's websites
at www.tailoredbrands.com,
www.menswearhouse.com, www.josbank.com, www.mooresclothing.ca, and www.kgstores.com.
ABOUT WHP GLOBAL
WHP Global is a leading New
York based firm that acquires global consumer brands and
invests in high-growth distribution channels including digital
commerce platforms and global expansion. WHP owns a portfolio
of consumer brands that collectively generate over USD $7
billion in global retail sales. The company also owns WHP+, a
turnkey direct to consumer digital e-commerce platform, and WHP
SOLUTIONS, a sourcing agency based in Asia. For more
information, please visit www.whp-global.com.
Media Contact:
WHP Global
Jaime Cassavechia
(646) 701-7041
377666@email4pr.com
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SOURCE WHP Global