Who is going to guarantee this shit now?? FUCK THIS

Quote :

"Apparently, Men's Wearhouse Inc. doesn't like the way its founder looks anymore. In terse release issued Wednesday, Men's Wearhouse said it has fired the face of the company and its executive chairman, George Zimmer, who appeared in many of its TV commercials with the slogan "You're going to like the way you look. I guarantee it." The timing was even odd —the announcement happened the morning the company's annual shareholder meeting had been set to take place. The company delayed the meeting but didn't give a new date. Men's Wearhouse gave no reason for the abrupt firing of Zimmer, who built Men's Wearhouse from one small Texas store using a cigar box as a cash register to one of the North America's largest specialty men's clothiers with 1,143 locations. The company generated revenue of $2.48 billion in its latest fiscal year ended Feb. 2. The company said the purpose of postponing the annual meeting is to re-nominate the existing board of directors without Zimmer. It said the board expects to discuss with Zimmer the extent, if any, and terms of "his ongoing relationship" with the company. The news shocked analysts and corporate governance experts, who tried to speculate what happened. "This is very rare to fire a founder. Founders are generally entrenched in the company," said Eleanor Bloxham, CEO of The Value Alliance, a board advisory firm. Zimmer, who handed over his CEO title to Douglas Ewert in 2011, was the company's personable, down-to-earth face, his slogan almost As of late morning, the company's website still prominently spotlighted Zimmer, calling him "The Man Behind The Brand" and linking to YouTube videos of "the man in action." The abrupt departure comes a week after Men's Wearhouse reported that its fiscal first-quarter profit increased 23 percent, helped by stronger margins and an earlier prom season. In 1971, fresh out of college, Zimmer made his first foray into the clothing industry, working in Hong Kong for six months as a salesman for his father's coat manufacturing business, according to the company website. In 1973, he and his college roommate opened the first Men's Wearhouse store, which sold $10 slacks and $25 polyester sport coats, in Houston. His personal car was a van with the company logo on the side and clothing racks in the back. The company launched its first TV commercial in the 1970s when commercials for clothing were rare. Zimmer starred in his first TV commercial in 1986, with the line "I guarantee it." Men's Wearhouse kept expanding, focusing on large markets where business was sluggish to take advantage of lower real estate costs. It also expanded beyond sports coats and trousers to casual sportswear in the 1980s and then went into the tuxedo rental business in 2000. Zimmer owned 1.8 million shares of Men's Wearhouse as of the company's May 9 proxy filing, a 3.5 percent stake in the company. Shares of Men's Wearhouse fell more than 2 percent, or 80 cents, to $36.67 in morning trading. The stock has traded between $25.97 and $38.59 in the past 52 weeks, and ended Tuesday up about 20 percent since the start of the year. The company, based in Fremont, Calif., also runs the Moores and K&G retail chains. It also sells uniform and work wear in the U.S. and U.K."

Actually, I've never bought anything from them, but it is interesting to have a company fire someone so entrenched as the face of the company.

6/19/2013 11:43:17 AM

Can you bold some of that shit thepeter

I'm Krallum and I approved this message.

6/19/2013 11:45:12 AM

Yes, it's possible, I can.

6/19/2013 11:45:51 AM

That dude's gotta smoke at least 2 packs a day

6/19/2013 11:52:39 AM

i can't wear anything in men's wearhouse

it all looks like this on me

6/19/2013 12:02:38 PM

good night, sweet prince.

6/19/2013 12:16:45 PM

I hope that they broke the news to him in a meeting and he coolly walked to the door before turning and saying "You're all going to pay for this in blood. I guarantee it."

6/19/2013 12:22:35 PM

I love the one where he's like "When they are all looking at her, she'll be the one looking at you."







[Edited on June 19, 2013 at 12:27 PM. Reason : ]

6/19/2013 12:25:51 PM

Quote :

"Zimmer owned 1.8 million shares of Men's Wearhouse as of the company's May 9 proxy filing"

Quote :

"The stock has traded between $25.97 and $38.59 in the past 52 weeks, and ended Tuesday up about 20 percent since the start of the year."

He'll be fine

6/19/2013 12:28:50 PM

LOL 90's

6/19/2013 12:31:41 PM

Dude's shares are worth over $66 million. I assure that he has no fucks to give at this point...

6/19/2013 11:09:04 PM

I bet the principle means something to him. Nobody likes to be ousted from a position they've held for like 20 years. Especially when that position is head of a large company of which they are spokesman and mascot, and which made them a cultural icon.

I bet it stings just a little bit, at least.

6/19/2013 11:21:36 PM

it's like if Congress told George Washington to step down from being President - he stepped down when he was done.

6/19/2013 11:25:13 PM

this motherfucker's been pimping suits on tv longer than i've been alive.

^ not everything's about the navy.

6/20/2013 12:55:55 AM

Quote :

"it's like if Congress told George Washington to step down from being President"

Congress would be all:

6/20/2013 1:03:08 AM

Quote :

"I assure that he has no fucks to give at this point..."

I wouldn't be so sure. Generally, when people build a business as such, from nothing, it's THEIR LIFE.

6/20/2013 2:10:36 AM

His name sounded too much like the Treyvon Martin shooter... had to let him go.

[Edited on June 20, 2013 at 2:22 AM. Reason : /troll]

6/20/2013 2:22:01 AM

i bought a blue blazer from there once, its not aweful

6/20/2013 2:28:42 AM

Quote :

"I wouldn't be so sure. Generally, when people build a business as such, from nothing, it's THEIR LIFE."

Basically this-

6/20/2013 7:18:38 AM

Scandal somewhere…

6/20/2013 9:09:03 AM

Blowin' the intern in the syrup room.

6/20/2013 9:09:41 AM

That's a mistake

The dude had an air of prestige IMO

What they think some 20-something college nitwit with 6 pack abs is gonna sell suits??

Oh well; THEY GON' LEARN TODAY!!

[Edited on June 20, 2013 at 9:22 AM. Reason : V]

6/20/2013 9:18:34 AM

i mean...the guy is starting to look a bit haggard. they probably dont want some aging old man promoting their product. business is business mannnn

6/20/2013 9:27:17 AM

I bet they go all PC and use an old black guy

6/20/2013 9:30:14 AM

OR

6/20/2013 9:35:00 AM

When I needed some fancy clothes for my first professional presentation, I went to men's warehouse because of these commercials, and the staff was amazing there. I agree with BHS they'd be making a mistake to try and change their image.

6/20/2013 9:53:22 AM

Men's Warehouse isn't bad.

Typically the price you pay for an expensive suit is for comfort. Cheap suits look OK, but they are scratchy and hot.

6/20/2013 10:23:01 AM

Men's wearhouse is, was, great. Their suit deals are untouchable. I don't think I can shop there again after this.

6/20/2013 10:28:13 AM

to be honest, i thought the latest commercial where he's driving around talking about how men don't wear suits anymore was really really good.

6/20/2013 1:04:59 PM

hay guise,

it's

Quote :

"MEN'S wareWEAR HOUSE "

[Edited on June 20, 2013 at 2:55 PM. Reason : ]

6/20/2013 2:55:45 PM

Damn just noticed that you fuckers can't spell the franchise right. Wtf

6/20/2013 3:03:27 PM

I read today it had something to do with his inability to let go and trust the CEO...also that he lacks appeal to the millennial generation

6/20/2013 6:04:19 PM

He breaks his silence

http://finance.yahoo.com/news/exclusive--george-zimmer-on-being-fired-by-men-s-wearhouse--and-what-s-next-153454980.html

12/9/2013 4:05:27 PM

I hear he's gonna team up with a dude named Trayvon Mar.

[Edited on December 9, 2013 at 4:42 PM. Reason : .]

12/9/2013 4:41:53 PM

^nice. I had something similar lined up, but gg

12/9/2013 5:44:39 PM

niiiiiiiiice

12/9/2013 6:59:06 PM

Link don't work

12/9/2013 7:15:43 PM

Quote :

"It is not uncommon for a founder to be booted from his company, but your termination seemed to strike a sharp nerve in popular culture. Why do you think that was? It would probably have something to do with America's love of the underdog. Clearly this appears to be a problematic situation. I think that having been an entrepreneur for 40 years in the schmatta business -- having made my money not in technology or in real estate or in the financial sector, but in more of an old-fashioned way. I think that has some attraction and, over time, I did most things the right way. And people appreciate that, even if they never bought a suit at The Men's Wearhouse."

Amen.

12/9/2013 7:21:09 PM

^+1

http://www.youtube.com/watch?v=1DvV7bdvIjs

90's girl

[Edited on December 9, 2013 at 9:14 PM. Reason : ]

12/9/2013 9:14:11 PM