The parent company of apparel retailers Men’s Wearhouse and Jos. A. Bank needs a financial lifeline roughly three months after emerging from bankruptcy, as business continues to decline during the Covid-19 pandemic.
Tailored Brands Inc. is nearing a $75 million loan from Silver Point Capital LP, the restructured company’s largest shareholder, according to a letter filed Friday in U.S. Bankruptcy Court in Houston by the overseer of a trust holding company stock for former unsecured creditors.
Tailored…
