The parent company of Men's Wearhouse and Jos. Bank is eyeing filing for bankruptcy.<br />Tailored Brands was facing sales challenges even before office workers started working from home and events like weddings were postponed.<br />Business Insider reports a number of workwear and special events clothing is struggling amid the novel coronavirus COVID-19 pandemic.<br />Brooks Brothers is considering closing three factories in July, and Banana Republic was a low point of Gap Inc.'s earnings report last week.<br />In this crisis...Banana Republic was disadvantaged in its product mix as customers opted for casual style. Sonia Syngal CEO, Gap Inc.
