- Tailored Brands, which owns Men's Wearhouse, Jos. A. Bank, Moores Clothing and K&G Fashion Superstore, has hired Scott Vifquain to serve as its executive vice president and chief technology officer, the company announced on Monday.
- In his new role, Vifquain will become a member of the company's executive committee and oversee its technology strategy, according to a press release.
- Before joining Tailored Brands, he was previously the senior vice president of technology at Kohl's, where he helped implement new machine learning e-commerce technology and customer-facing tech, per the announcement.
Tailored Brands emphasized Vifquain's experience in introducing new enterprise technologies that grow digital profits, improve operations and drive growth over time. With more than 25 years of technology experience, both in internal and consulting roles, Vifquain is positioned to understand the current retail technology landscape, Tailored Brands' interim co-CEO Bob Hull said in a statement.
"The retail experience Scott brings will provide a unique outlook as we pursue new ways to understand and meet consumers' needs — fulfilling our promise to show up strong in all the moments that matter and further accelerating our success," Peter Sachse, interim co-CEO of Tailored Brands, said in a statement.
As Vifquain steps into his new role, he'll join multiple other new appointees among Tailored Brands' leadership team. In March, the company's CEO and president Dinesh Lathi left the company, and Hull and Sachse stepped in as interim co-CEOs. Then in May, Tailored Brands also appointed John Tighe as executive vice president and chief customer officer; Karla Gray as executive vice president and chief stores officer; and Tim Cooksey as senior vice president of real estate.
Tailored Brands is shaking up its leadership ranks as it tries to get on the right track financially. In early March, the company sought a $75 million emergency loan from its largest equity holder, after exiting bankruptcy last December. A spokesperson said at the time the financing would allow the company to be "positioned to execute its strategic plan through a number of different economic recovery scenarios."
The company, like other clothing retailers, struggled during the pandemic because consumers weren't buying new work and event apparel.