George Zimmer, second from left, was dismissed from Men's Wearhouse Inc. on Wednesday. In a terse release, the company didn't give a reason for the abrupt firing of Zimmer, who built Men's Wearhouse from one small Texas store using a cigar box as a cash register to one of the nation's largest specialty retailers in men's clothing, with 1,143 locations.
You're going to like the way you look, because George Zimmer has always guaranteed it. But now, apparently, the hirsute, raspy-voiced Men's Wearhouse chairman and pitchman doesn't look good enough to the company he founded, which fired him Wednesday. Richard Jaffe, a retail analyst at Stifel & Co., says Zimmer's abrupt departure came as a surprise, especially amidst recent positive earnings reports for the company. Jaffe went on to speculate that Zimmer's transition from hands-on manager to executive chairman may have hastened his ouster.