George Zimmer

Cool cat and billionaire Sir Richard Branson surprised an audience of entrepreneurs in a convention held in Chicago this week when he recommended parents smoke pot with their kids. “If they're going to have a joint, do it with them,” the 66-year-old father of two said on stage...

It appears that, after months of posturing and an on-going war of words, Men's Wearhouse (NYSE: MW) and Jos. A Bank Clothiers (NASDAQ: JOSB) have announced a deal. In a joint press release issued Tuesday, Men's Wearhouse said it will acquire Jos. A. Bank for for $65.00 per share in cash, or...

Jos. A Bank Clothiers (NASDAQ: JOSB) turned down a $1.5 billion acquistion offer from rival retailer Men's Wearhouse (NYSE: MW) on Monday – saying the bid “significantly undervalued” the century-old company. In a press statement, Jos. A Bank's chairman, Robert Wildrick, said the company's board...

The George Zimmer saga at Men's Wearhouse (NYSE: MW) ended dramatically last week as the infamous face of the company was fired from the Board of Directors. The iconic founder of the company and face of the marketing campaign centered around the slogan "You're Gonna Like the Way You Look" no...

Analysts that cover Men's Wearhouse (NYSE: MW) are hesitant to make any decisive forecasts about the company's future after the abrupt departure of its founder and Executive Chairman, George Zimmer. Zimmer was ousted unexpectedly on Wednesday, just hours before the company decided to postpone...

In a surprising turn of events Wednesday morning, Men's Warehouse (NYSE: MW), a specialty men's retailer, announced that its board of directors had terminated founder George Zimmer's executive chairman position. Many are familiar with Zimmer's gravely voice and white beard from the Men's Wearhouse...