HOUSTON — Tailored Brands, Inc. (the “Company”) today announced the appointment of Yen D. Chu as its Executive Vice President and Chief Legal Officer and Corporate Secretary (CLO), effective December 26, 2022. Ms. Chu joins Tailored Brands with more than 25 years of extensive brand and consumer-facing experience for both private and publicly traded companies. She is a highly regarded leader in the legal field, known for her work as a trusted advisor to Boards of Directors and executive teams on corporate governance, ESG, global regulatory compliance, government affairs and risk management.
“Yen joins us at a time when we are seeing strong customer response to the changes we have made in the business and have exceeded our plan for two consecutive years,” said Bob Hull, Co-CEO. “Her deep legal expertise and robust background in the retail industry, combined with a proven track record advising Boards, individual directors and executive teams, makes her the ideal leader for this role. We are thrilled to have her join our team and Executive Committee.”
Most recently, Ms. Chu served as EVP and Chief Legal Officer of Equinox Group LLC. At Equinox, she was a member of the executive team and oversaw legal, ESG, government affairs and community relations. Prior to joining Equinox, she held various leadership roles at Ralph Lauren Corporation, including Senior Vice President and Associate General Counsel. There, she led a global team of attorneys and compliance professionals in various parts of the business and was the primary advisor to the Board of Directors on public company governance and global regulatory compliance for more than ten years.
Prior to that, Ms. Chu spent almost a decade at the law firm Simpson Thacher & Bartlett LLP, where she executed complex corporate transactions for private equity firms, investment banks, public and private companies in a variety of sectors, and non-profit organizations.
She is a champion for diversity, equity, and inclusion, and beyond her workplace responsibilities, she is passionate about giving back by donating her time and voice to organizations that focus on advancing and empowering women, people of color and other underrepresented groups. Most recently, she has been the recipient of the Outstanding 50 Asian Americans in Business Award, the Asian American Bar Association of New York’s Women’s Leadership Award, and the Women Influence & Power in Law Thought Leadership Award.
“This is an exciting time to join Tailored Brands. When other retailers are scaling back, the Company is accelerating its business strategies, providing compelling products and services to its customers, and investing in innovation and future growth. I look forward to contributing to the team’s continued success,” Ms. Chu stated.
About Tailored Brands, Inc.
Tailored Brands is a leading omnichannel specialty retailer of menswear, including suits, formalwear and a broad selection of business casual offerings. We help our customers look and feel their best for their most important moments through our convenient network of stores and e-commerce sites. Our brands include Men’s Wearhouse, Jos. A. Bank, Moores and K&G Fashion Superstore.
This press release contains forward-looking information, including the Company’s statements regarding its strengthened capital structure and the Company’s ability to execute on its strategic initiatives. In addition, words such as “will,” “expects,” “anticipates,” “envisions,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “guidance,” “may,” “projections,” and “business outlook,” variations of such words and similar expressions are intended to identify such forward-looking statements. The forward-looking statements are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Any forward-looking statements that we make herein are not guarantees of future performance and actual results may differ materially from those in such forward-looking statements as a result of various factors. Factors that might cause or contribute to such differences include, but are not limited to: risks related to the effectiveness of the restructuring and strategic activities completed during and subsequent to the Company’s Chapter 11 process and any additional strategies that the Company may employ to address its business including its liquidity and capital resources; the effects of the COVID-19 pandemic and uncertainties about its depth and duration, including the health and well-being of our employees and customers, temporary or permanent store closures and our ability to attract customers to reopened stores, re-emergence or additional periods of increases or spikes in the number of COVID-19 cases, the availability, acceptance and rate of vaccinations and other medical treatments, increases in the unemployment rate and recessionary pressures, furlough or temporary layoffs of our employees and our ability to reinstate, incentivize and retain previously furloughed employees, social distancing measures and changes in consumer spending behaviors; actions or inactions by governmental entities; domestic and international macroeconomic conditions; inflation or deflation; the Company’s ability to attract, motivate and retain key personnel and effectively manage succession; success, or lack thereof, in formulating or executing our internal strategies and operating plans; cost reduction initiatives and revenue enhancement strategies; changes in demand for our retail clothing or rental products, including changes in apparel trends and changing consumer preferences; market trends in the retail or rental business; customer confidence and spending patterns; changes in traffic trends in our stores and in customer preferences in the omnichannel experience; customer acceptance of our merchandise strategies, including custom clothing and polished casual attire; performance issues with key suppliers; disruptions in our supply chain; trade relations; severe weather; regional or national civil unrest or acts of civil disobedience; public health crises, including COVID-19; foreign currency fluctuations; government export and import policies, including the enactment of duties or tariffs; advertising or marketing activities of competitors; the impact of cybersecurity threats or data breaches; legal proceedings and the impact of climate change.