Photo by Thomas J. Gibbons/Getty Images
There's got to be something going on behind the scenes that we don't know about yet ..
Earlier today Men's Wearhouse released a very terse statement saying they'd fired George Zimmer .. the man who built Men's Wearhouse from one small Texas store using a cigar box as a cash register to one of the nation's largest specialty retailers in men's clothing, with 1,143 locations. He has been the face of the company since he founded it using the famous tag line "You're going to like the way you look. I guarantee it."
This comes after last weeks report that Men's Wearhouse had a nice boost during the fiscal first-quarter with a profit increase of 23 percent .. so this is most likely not due to poor sales or a performance issue on his part .. wonder if we'll ever get the real backstory?!