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Tailored Brands (TLRD) operates 1,400 department stores in the US and Canada specialized in men tailored clothing. It has several brands under its umbrella. Those brands are Men's Warehouse, Jos. A. Bank, Joseph Abboud, Moores Clothing, and K&G.
Two mega-trends are impacting the sector and the company. While the entire sector has declined in the last twelve months, TLRD's stock has suffered the biggest drop of 80%. The first trend is e-commerce. People are buying or researching online before any purchases. This has created the new well-informed consumer who knows