Men's Wearhouse Inc. (MW) announced Wednesday morning that its Board of Directors has terminated George Zimmer from his position as Executive Chairman. The Company also announced that it is postponing its Annual Meeting of Shareholders, to re-nominate the existing slate of directors without Mr. Zimmer.
Men's Wearhouse gapped open sharply lower Wednesday, but recovered some ground in early trade, before settling into a range. Shares finished down by 0.43 at $37.04.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.