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Men’s Wearhouse owner weighs bankruptcy filing

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Tailored Brands Inc., the owner of Men’s Wearhouse and Jos. A. Bank, reportedly is considering a bankruptcy filing.

The company has debts of more than $1 billion, people familiar with the matter told Bloomberg.

Tailored Brands struggled before the COVID-19 pandemic forced store closures. Sales have fallen each year since 2016.

Read more from Bloomberg.

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