Lathi to Run Daily Operations at Tailored Brands After Ewert’s Departure

Executive board chairman Dinesh Lathi will take over the day-to-day operation of Tailored Brands when Doug Ewert retires as chief executive officer at the end of the month.
The news was revealed during the company’s second-quarter earnings call Wednesday afternoon. Lathi was not named interim ceo, as industry sources had speculated, but will continue to hold his board title while the company conducts “a comprehensive search” for a replacement.
“I am honored and excited to lead the team during the transition process,” Lathi said on the call. “The board has begun a comprehensive search for a new ceo. Our top priority is identifying the best person to lead the company. The board will move forward thoughtfully and will take the time it needs to find the right leader for Tailored Brands.”
He said that when he steps up into the operational role in a few weeks he will be “focused on working with the executive team to accelerate the pace of execution and innovation and our core growth strategies of meeting consumers’ demand for personalization by growing our custom business, strengthening our brands through transformative marketing campaigns, and enhancing our omnichannel capabilities to deliver a superior shopping experience.”
Lathi, 47, is the former ceo of

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Ewert Departure Seen as His Decision, but Firm Ready for Next Chapter

It was Doug Ewert’s choice to leave Tailored Brands, but his departure as chief executive officer is also seen as an opportunity to get some fresh blood into the company.
That was the consensus of the men’s wear community on Wednesday as they continued to digest the surprise news late Tuesday that the longtime leader of the Fremont, Calif.-based company would be exiting at the end of September. Ewert, 54, said after the market closed on Tuesday that he would be retiring after a 23-year career with the men’s wear retailer.
Wall Street was apparently not rattled by the news since the company’s stock rose 4 percent Wednesday to close at $ 23.39.
On Wednesday, Ewert told WWD he would be open to providing more details about his decision and future plans after the company’s earnings are released on Sept. 12.
Coincidentally, the news of Ewert’s impending departure came at the same time Bruce Thorn, president and chief operating officer, said he too would be leaving Tailored Brands. Thorn, 51, has been named president and ceo of Big Lots Inc. He will assume that role at the end of September.
Once both Ewert and Thorn are gone next month, that leaves Tailored Brands without its two

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What Prompted Jack Gao’s Departure From Wanda and Legendary?

If China’s Dalian Wanda is going to make a comeback in Hollywood, after weathering its present storms, it will do so without Jack Gao. The polished and high-flying executive this week parted from Wanda, the property to entertainment giant, and from its Hollywood producer subsidiary Legendary Entertainment. Wanda insiders insist that the group maintains a […]

Variety

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Melania Trump Dons Hervé Pierre for Washington Departure

FANNING THE FLAMES: Despite the fiery political climate inside and out of The Beltway this week, First Lady Melania Trump stayed cool when leaving Andrews Air Force Base Friday afternoon. Even though the May temperatures pushed 90 degrees under a blazing sun, FLOTUS donned a long-sleeve white Max Mara sweater and a Hervé Pierre high-waisted tangerine colored leather skirt with heavy ivory top stitches. Trump and the president left Washington en route to Saudi Arabia for their first official overseas visit. Upon arrival, their nine-day stay will be packed with official appearances, meetings and off-hours events with officials from Saudi Arabia and a range of other nations. The main event is the Arab Islamic American Summit which will attract leaders from dozens of Muslim countries. There will also be a regal meeting with Saudi King Salman, a country music performance and several business forums.
Her skirt Friday was designed by Pierre specifically for the occasion. He also created her widely acclaimed Inaugural Ball look. Jimmy Choo was her brand of choice for the stilettos she wore to cross the tarmac.
 

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$1545 and Up (+$605 Tax) for 12 Nights in Bali with Flight, 4-Star Hotel, and 5 Tours – 100s of Departure Dates!

City: Toronto
Start Date: March 17, 2014
End Date: March 24, 2014
Value: $ 3209
Price: $ 2150
Purchases: 0
Purchases required: 1

Highlights:

  • Visit the exotic island of Bali, located in tropical Indonesia, known worldwide for its amazing beaches and spiritual people.
  • Stay at the serene and accommodating 4-star Patra Bali Hotel for 12 nights.
  • This is part of the Freedom Trip series, meaning you’re able to customize the duration, accommodations, and tours as you see fit for a fee.
  • Choose from hundreds of departure dates!
  • Great mix of guided tours and leisure time to give you an unforgettable trip!
  • Click here for more information.

Buy Details:

  • Includes a 12-night trip to Bali, with round-trip flight, airport transfers, accommodations at the 4-star Patra Bali Hotel (or similar), all breakfasts, and 5 sightseeing tours.
  • Reservations required, must book online by clicking here or calling 1-855-685-7787.
  • Departures Cities: Toronto, Montreal, Calgary, Edmonton, Vancouver.
  • Departure Dates: there are hundreds of departure dates available, please call 1-855-685-7787 for more information.
  • Please see About section for specific rates.
  • All rates are based on double occupancy. Single supplement is $ 770 extra.
  • Entry fee to Indonesia ($ 25 USD) not included.
  • This trip is non-refundable.
  • Unlimited buys and unlimited gifts. Tax included.
  • TeamBuy TICO # 50019980.

Description:

The exotic destination of Bali is one of the 17, 000 islands that make up Indonesia and offers world-renowned beaches, a people rich in history and culture, and diverse landscapes of unparalleled natural beauty. Prepare for the trip of a lifetime when you spend 12 nights in beautiful Bali, with flights, hotel accommodations, all breakfasts, and 5 tours included!

There are hundreds of departures dates available for this trip. For the sample date of Oct. 1, rates start from:

  • Vancouver: $ 1545 (+$ 605 tax) per person.
  • Calgary: $ 1745 (+$ 605 tax) per person.
  • Edmonton: $ 1745 (+$ 605 tax) per person.
  • Toronto: $ 1861 (+$ 605 tax) per person.
  • Montreal: $ 2123 (+$ 605 tax) per person.

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