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Tailored Brands Provides Second COVID-19 Business Update

FREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) today announced that, in light of evolving government and citizen response to the COVID-19 outbreak, it will, out of an abundance of caution and concern for its employees, close its e-commerce fulfillment centers starting Friday, March 20 through at least Saturday, March 28, 2020, and will suspend the currently limited operations in its retail stores during this period. All employees will be paid for scheduled hours throughout this time period. Customers can continue to place orders online to be shipped after the distribution center reopens.