Tailored Brands, operator of well-known apparel retailers Men’s Wearhouse, K&G Fashion Superstore, Moores and Jos. A. Bank, has named current President John Tighe to be the company’s new CEO, effective Aug. 5, 2025. Tighe, who joined Tailored Brands in May 2021 as EVP and Chief Customer Officer, will replace Peter Sachse, who will become Executive Chairman of the company’s board.
In March 2022 Tailored Brands named Sachse and Bob Hill Co-CEOs, positions they had held on an interim basis since the March 2021 departure of CEO Dinesh Lathi. Sachse was named sole CEO in February 2024.
A statement from the board praised Sachse’s impact during his time as CEO: “Peter and the leadership team have reimagined all four of the company’s banners, completely changed the merchandising and marketing strategies, drove operational efficiencies and developed a culture of accountability while delivering three of the best profit years in recent company history.”
In turn, Sachse gave high marks to his successor: “Over the past four years, John has been instrumental in our company’s ability to anticipate market shifts and evolve with our customers as he architected nuanced merchandising, planning, marketing and value-driven pricing strategies,” he said in a statement. “There is no doubt he is the right successor at the right time, and I’m excited to see Tailored Brands continue to thrive under his leadership.”
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