Economics

Men's Warehouse Fires Founder

No reasons given, shareholder meeting delayed

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Apparently, Men's Wearhouse Inc. doesn't like the way its founder looks anymore.

In terse release issued Wednesday, Men's Wearhouse said it has fired the face of the company and its executive chairman, George Zimmer, who appeared in many of its TV commercials with the slogan "You're going to like the way you look. I guarantee it."

The timing was even odd —the announcement happened the morning the company's annual shareholder meeting had been set to take place. The company delayed the meeting but didn't give a new date.