By  on January 17, 2020

The deal for Joseph Abboud is signed and the victor is WHP Global.

On Friday, before the open of the stock market, Tailored Brands, which acquired the Joseph Abboud brand in 2013 for $97.3 million, said it has agreed to sell the business to the newly formed brand acquisition and management firm headed by Yehuda Shmidman, for $115 million.

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