Dive Summary:
- Men's Wearhouse Inc. announced on Wednesday it had fired founder and executive chairman George Zimmer.
- Men's Wearhouse did not specify why Zimmer had been ousted.
- The company also postponed its annual shareholders' meeting, which had been scheduled for Wednesday.
From the article:
Zimmer [...] built Men's Wearhouse from one small Texas store using a cigar box as a cash register to one of the nation's largest specialty retailers in men's clothing, with 1,143 locations.
[...]
Zimmer was seen as the face of the company, appearing in many of its TV commercials with the slogan, "You're going to like the way you look. I guarantee it."
