logo
Tailored Brands names new CEO

Tailored Brands names new CEO

Fashion Network5 hours ago

Tailored Brands on Wednesday announced the promotion of John Tighe to the role of chief executive officer, as well as joining the U.S. apparel firm's board of directors, effective August 5.
Tighe succeeds Peter Sachse, who will transition from his current role as CEO to executive chairman of the company's board.
The new CEO first joined Tailored Brands in May 2021 as executive vice president and chief customer officer, before becoming president of the Houston-based company in March 2022.
'The hallmark of a strong and resilient organization is a well-developed succession plan, and John's promotion highlights the thoughtful, holistic talent strategy Tailored Brands has established," ​said Sachse, who was first appointed to the board in March 2021, and went on to lead the company's transformation as co-CEO alongside Bob Hull. In February 2024, he was named sole CEO.
"Over the past four years, John has been instrumental in our company's ability to anticipate market shifts and evolve with our customers as he architected nuanced merchandising, planning, marketing, and value-driven pricing strategies. There is no doubt he is the right successor at the right time, and I'm excited to see Tailored Brands continue to thrive under his leadership.'
Based in Texas, ​​Tailored Brands is a specialty retailer of menswear, including suits, formalwear and a broad selection of business casual offerings. Its portfolio includes Men's Wearhouse, Jos. A. Bank, Moores and K&G Fashion Superstore.
'I'm honored to lead this talented organization to deliver on our company's purpose and value proposition. I look forward to Peter's continued mentorship as he takes on his new role and want to thank the board, Peter and the entire leadership team for their support and confidence," said Tighe.
"I'm grateful to work alongside such a talented and passionate leadership team as well as the more than 14,000 team members who wake up every day to put our customers at the center of every decision. We wouldn't be where we are today without their tireless dedication, and I look forward to unlocking the potential of all our banners as a team."

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Tailored Brands names new CEO
Tailored Brands names new CEO

Fashion Network

time5 hours ago

  • Fashion Network

Tailored Brands names new CEO

Tailored Brands on Wednesday announced the promotion of John Tighe to the role of chief executive officer, as well as joining the U.S. apparel firm's board of directors, effective August 5. Tighe succeeds Peter Sachse, who will transition from his current role as CEO to executive chairman of the company's board. The new CEO first joined Tailored Brands in May 2021 as executive vice president and chief customer officer, before becoming president of the Houston-based company in March 2022. 'The hallmark of a strong and resilient organization is a well-developed succession plan, and John's promotion highlights the thoughtful, holistic talent strategy Tailored Brands has established," ​said Sachse, who was first appointed to the board in March 2021, and went on to lead the company's transformation as co-CEO alongside Bob Hull. In February 2024, he was named sole CEO. "Over the past four years, John has been instrumental in our company's ability to anticipate market shifts and evolve with our customers as he architected nuanced merchandising, planning, marketing, and value-driven pricing strategies. There is no doubt he is the right successor at the right time, and I'm excited to see Tailored Brands continue to thrive under his leadership.' Based in Texas, ​​Tailored Brands is a specialty retailer of menswear, including suits, formalwear and a broad selection of business casual offerings. Its portfolio includes Men's Wearhouse, Jos. A. Bank, Moores and K&G Fashion Superstore. 'I'm honored to lead this talented organization to deliver on our company's purpose and value proposition. I look forward to Peter's continued mentorship as he takes on his new role and want to thank the board, Peter and the entire leadership team for their support and confidence," said Tighe. "I'm grateful to work alongside such a talented and passionate leadership team as well as the more than 14,000 team members who wake up every day to put our customers at the center of every decision. We wouldn't be where we are today without their tireless dedication, and I look forward to unlocking the potential of all our banners as a team."

Tailored Brands names new CEO
Tailored Brands names new CEO

Fashion Network

time5 hours ago

  • Fashion Network

Tailored Brands names new CEO

Tailored Brands on Wednesday announced the promotion of John Tighe to the role of chief executive officer, as well as joining the U.S. apparel firm's board of directors, effective August 5. Tighe succeeds Peter Sachse, who will transition from his current role as CEO to executive chairman of the company's board. The new CEO first joined Tailored Brands in May 2021 as executive vice president and chief customer officer, before becoming president of the Houston-based company in March 2022. 'The hallmark of a strong and resilient organization is a well-developed succession plan, and John's promotion highlights the thoughtful, holistic talent strategy Tailored Brands has established," ​said Sachse, who was first appointed to the board in March 2021, and went on to lead the company's transformation as co-CEO alongside Bob Hull. In February 2024, he was named sole CEO. "Over the past four years, John has been instrumental in our company's ability to anticipate market shifts and evolve with our customers as he architected nuanced merchandising, planning, marketing, and value-driven pricing strategies. There is no doubt he is the right successor at the right time, and I'm excited to see Tailored Brands continue to thrive under his leadership.' Based in Texas, ​​Tailored Brands is a specialty retailer of menswear, including suits, formalwear and a broad selection of business casual offerings. Its portfolio includes Men's Wearhouse, Jos. A. Bank, Moores and K&G Fashion Superstore. 'I'm honored to lead this talented organization to deliver on our company's purpose and value proposition. I look forward to Peter's continued mentorship as he takes on his new role and want to thank the board, Peter and the entire leadership team for their support and confidence," said Tighe. "I'm grateful to work alongside such a talented and passionate leadership team as well as the more than 14,000 team members who wake up every day to put our customers at the center of every decision. We wouldn't be where we are today without their tireless dedication, and I look forward to unlocking the potential of all our banners as a team."

Italian brand Twinset acquired by investment firms Borletti and Quadrivio
Italian brand Twinset acquired by investment firms Borletti and Quadrivio

Fashion Network

time7 hours ago

  • Fashion Network

Italian brand Twinset acquired by investment firms Borletti and Quadrivio

Italian fashion label Twinset—renowned for its romantic and contemporary womenswear—has officially been acquired by investment firms Borletti and Quadrivio, according to information confirmed by The deal, which had been the subject of speculation for weeks, was finalized with current owner Carlyle and represents a key milestone in the relaunch of the luxury womenswear brand. When contacted by the company declined to comment. See catwalk While the transaction had been expected, Carlyle's decision to divest from Twinset dates back to 2020, when it initially appointed JP Morgan to identify a potential buyer. The process was paused due to the pandemic and later resumed, with Rothschild stepping in to explore strategic options. Carlyle had held a majority stake in Twinset since 2012, acquiring full ownership in 2017. Founded in 1987 by Simona Barbieri and Tiziano Sgarbi, the Carpi-based company underwent significant expansion under Carlyle's ownership, including international store openings and a broader product offering. Today, Twinset operates over 100 standalone stores worldwide and ended 2024 with revenues exceeding €200 million. The Borletti Group—founded by the family that once owned La Rinascente and Printemps department stores—has made several notable luxury acquisitions, including Moorer, Zimmermann, and Canadian outerwear label Moose Knuckles. Quadrivio Group is also active in the fashion sector. Through Made in Italy Fund I and II, the firm has invested in brands such as Autry, Filippo De Laurentiis, Pt Torino, 120% Lino, Dondup, GCDS, and Sessùn.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store