263: George Zimmer, Former Founder of Men's Wearhouse

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 7 October 2015

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Raise your hand if you’ve ever rented a tux? Or know someone who’s rented a tux? It’s kind of a pain, right? It’s multiple visits…you often need to get the tux tailored. It’s not cheap. The industry is changing…Today’s guest is leading the movement. George Zimmer is the founder, chairman CEO and honorary tailor of his former company Men's Warehouse for over 40 years. In 2013 George left Men’s Warehouse. News reports suggested at the time it was over disagreements with the board. He's now making a comeback with two new business ventures including zTailors where he is once again revolutionizing the apparel industry providing consumers with a remarkable and highly personalized experience to create high-quality, customizable and affordable tailoring through a national network of tailors. His second venture, Generation Tux, is what he's calling a "reinvention of the tuxedo rental experience." Over the years, George has helped tens of millions of young men find a tuxedo rental so he's putting his past experience to good use offering a high-tech clothing rental experience. For more information visit www.somoneypodcast.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	So Money episode 263, George Zimmer.
0:04.0	You're listening to So Money with award-winning money guru Karabi.
0:09.0	Each day, get a 30 minute dose of financial inspiration from the world's top business minds, authors, influencers, and from Farnus yourself.
0:18.0	Looking for ways to save on gas or double your double coupons?
0:22.0	Sorry, you're in the wrong place. on gas or double your double coupons?
0:22.6	Sorry, you're in the wrong place.
0:24.6	Seeking profound ways to live a richer, happier life.
0:28.1	Welcome to So Money.
0:37.3	Welcome back to another episode of So Money Everyone. Thanks for coming back. I'm your host, Farnish Terabi. Now raise your hand if you've ever rented a
0:41.0	tuxedo. Okay, or maybe you know someone who's rented a
0:44.5	tuxedo, it's kind of a pain, right? It's a lot of visits. You often have to go get the tux
0:50.2	tailored. It's not always cheap either. Well the industry is about to change and
0:55.8	today's guest, you might know him, is leading the movement. George Zimmer is here.
1:01.7	He's the founder, chairman, CEO, and honorary tailor of his former
1:06.0	company, Men's Warehouse, for over 40 years. In 2013, George left Men's Warehouse, and news reports suggested at the time that it was
1:14.7	over disagreements with the board. He's now making a comeback with two new business
1:20.4	ventures including Z-tailers where he is once again revolutionizing the
1:24.7	apparel industry providing consumers with a remarkable and highly personalized
1:29.1	experience to create high quality, customizable, and affordable tailoring through a national network of
1:36.2	tailors.
1:37.6	His second venture is called Generation Tucks.
1:40.4	It's what he's calling a reinvention of the Tuxedo Rental Experience.
	...

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