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A Sad Day for Couture, Men's Wearhouse Fires George Zimmer, "the 'I guarantee it' guy' - Page 3

post #31 of 59
Quote:
Originally Posted by othertravel View Post

Want to steer this back to his deeds. You have to admit, not running background checks is a pretty bold move.


Actually, doing background checks as part of the hiring process has its own problems. The feds have determined that it has a disparate impact on black and Hispanic job applicants, and because of this, employers can actually get in trouble for performing background checks on prospective employees.
post #32 of 59
According to Bloomberg, GZ said he didn't approve of the direction the company was headed and this is a move by the BOD to silence him rather than to engage in meaningful discussion.

Regardless of my disdain for his clothing, I feel sorry for him. Building up a company and even though he has made a fortune, he has lost all control and influence in it. I doubt he ever thought that would happen when they went public.
post #33 of 59
Quote:
Originally Posted by pocketsquareguy View Post

According to Bloomberg, GZ said he didn't approve of the direction the company was headed and this is a move by the BOD to silence him rather than to engage in meaningful discussion.

Regardless of my disdain for his clothing, I feel sorry for him. Building up a company and even though he has made a fortune, he has lost all control and influence in it. I doubt he ever thought that would happen when they went public.

The man was obviously a visionary, regardless of what some internet clothing nerds like us think. Once you go public as a founder (and collect all that cash), you pretty much recognize that your days of running the company will eventually end, and not necessarily on your terms. That being said, its not that he won't have a voice, he still owns 4% of the outstanding stock and can obviously increase his stake. It wouldn't surprise me to see him come back into the picture, as CEO or maybe in a private equity capacity, if the company falls on hard times. Hasn't Joseph Abboud been running the show over there though? If history is any guide, the company will be in dire straits shortly and GZ can come back in.
post #34 of 59
Esquire just called him the Steve Jobs of mens fashion

http://www.esquire.com/blogs/mens-fashion/mens-wearhouse-george-zimmer-fired-2013?src=rss


Here's to Esquire facepalm.gif
post #35 of 59
Quote:
Originally Posted by pocketsquareguy View Post

According to Bloomberg, GZ said he didn't approve of the direction the company was headed

I wonder what the disagreement was.

I have noticed that the new commercials feature less of GZ. They focus more on the skinny suits

Maybe they want to phase out GZ? He may not be relevant anymore/the best spokesperson
post #36 of 59
Well, he hasn't been CEO for over 2 years and he took on a fluff role in a company where he only has 4% equity so it's not like this was a sudden phasing out or even the phasing out of a major member of the company.

He was only a talking head in 2013 and some old dude doesn't sell super skinny suits.
post #37 of 59
Quote:
Originally Posted by TM79 View Post

He was only a talking head in 2013 and some old dude doesn't sell super skinny suits.

That's what I was getting at. Can't have a boomer spokesman if you're going after the younger crowd and expect to compete with Indochino and all those other junk skinny suit companies biggrin.gif
post #38 of 59
They just have the ugliest clothing out there. Even looking at their ads and website...the suits are all poorly fitted to the models...seriously ugly ties. They make Jos A Bank and Macy's look like Saville Row.
post #39 of 59

His recent ads were so good - the mood, tone of voice, sense of caring he offered and confidence you'd get from dressing well.  Superb.

post #40 of 59
Quote:
Originally Posted by jt10000 View Post

His recent ads were so good - the mood, tone of voice, sense of caring he offered and confidence you'd get from dressing well.  Superb.

Proves my point.
post #41 of 59
Quote:
Originally Posted by rnoldh View Post

Yes, for a 2 Billion $ public company in sales it would be crazy.

What if they hired a person who had outstanding felony warrants or was a sex offender. Not a good business practice.

I'm pretty sure that when my friend was hired out of prison, they knew he had been in prison, knew why, and were giving him a second chance. Nothing wrong with that.

Ahh, the stuff that lawsuits are made out of. But then again, I practice in this area.
post #42 of 59
The guy always seemed like he'd have been a real beast to work for. Maybe I'm wrong but there was something about the look on his face that said he ate employees alive. confused.gif Someone tell me I'm wrong.

post #43 of 59
Quote:
Originally Posted by Digmenow View Post

Someone tell me I'm wrong.

Is it because he blazes?

post #44 of 59
Quote:
Originally Posted by jrd617 View Post

I wonder what the disagreement was...
rumor was Mr. Zimmer wants MW to be an SF affiliate vendor....
post #45 of 59
He could work for Hair Club for Men. A little bit of a stretch, but he'd still be in the men's style business.
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