newsfilter
← Latest News
Business Wire·

Tailored Brands to Sell the Joseph Abboud Trademarks to WHP Global for $115 Million

FREMONT, Calif., & NEW YORK--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) and WHP Global (“WHP”) today announced that they have entered into an agreement whereby Tailored Brands will sell the Joseph Abboud trademarks to WHP for $115 million. Tailored Brands has also entered into a licensing agreement with WHP for the exclusive rights to sell and rent Joseph Abboud branded apparel and related merchandise in the U.S. and Canada.