Gordon MacRae Appointed JPL of Tailored Brands Worldwide Purchasing Co.

CEO Gordon MacRae has been appointed as Joint Provisional Liquidator of Tailored Brands Worldwide Purchasing Co., part of the Tailored Brands Inc. group that operates the well-known Men’s Wearhouse and Jos. A Bank retail businesses in the USA. Gordon was appointed alongside Holly Etlin of AlixPartners in New York who recently was appointed CRO of Tailored Brands Inc., which had earlier filed for Chapter 11 bankruptcy protection in Texas in order to implement a restructuring plan that aims to reduce the debt of the business by at least $630 million and ensure it can keep operating.