Tailored Brands,Inc. (NYSE:TLRD) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.

As previously announced, the last day of employment for Jon
Kimmins, former chief financial officer of Tailored Brands,Inc.
(the Company), with the Company was December31, 2016 (Termination
Date). On January5, 2017, the Company and Mr.Kimmins entered into
a Separation Agreement to which, in addition to the amounts to be
received by Mr.Kimmins under his employment agreement, Mr.Kimmins
will receive (i)within 15 days of his Termination Date, a payment
from the Company in the amount of $275,000 and (ii)on or before
April15, 2017, a payment from the Company equal to the amount, if
any, by which the bonus that Mr.Kimmins would have earned under
the Companys annual incentive plan for fiscal 2016 exceeds his
target bonus for such fiscal year. In addition to the restrictive
covenants under Mr.Kimmins employment agreement, to the
Separation Agreement, Mr.Kimmins provides a full release of all
claims related to his employment with and/or separation from the
Company.

Mr.Kimmins has also agreed to provide consulting and advisory
services to the Company through March31, 2017 in exchange for a
one-time consulting fee of $10,000.

The foregoing summary description of the Separation Agreement
does not purport to be complete and is subject to, and qualified
in its entirety by, the full text of the Separation Agreement, a
copy of which is filed as Exhibit10.1 hereto and incorporated by
reference herein.

Item 9.01 Financial Statements and
Exhibits.

(d) Exhibits. The following exhibit is included in this
Form8-K:

About Tailored Brands, Inc. (NYSE:TLRD)

Tailored Brands, Inc. is a holding company of The Men’s Wearhouse, Inc. The Company is a specialty apparel retailer offering suits, suit separates, sport coats, slacks, business casual, sportswear, outerwear, dress shirts, shoes and accessories for men and tuxedo and suit rental product. It operates through two segments: Retail and Corporate Apparel. The Retail segment includes over four retail merchandising brands: Men’s Wearhouse/Men’s Wearhouse and Tux, Jos. A. Bank, Moores, and K&G. Specialty apparel merchandise offered by its retail merchandising concepts include suits, suit separates, sport coats, business casual, sportswear, outerwear, dress shirts, shoes and accessories for men. Women’s career apparel, sportswear and accessories, such as shoes and children’s apparel, are offered at its K&G stores. The Corporate Apparel segment includes corporate apparel and uniform operations conducted by Twin Hill in the United States and Dimensions, Alexandra and Yaffy in the United Kingdom.

Tailored Brands, Inc. (NYSE:TLRD) Recent Trading Information

Tailored Brands, Inc. (NYSE:TLRD) closed its last trading session down -0.56 at 22.33 with 3,053,346 shares trading hands.