In 1866, Charles Bank immigrated to Baltimore, Maryland from Lithuania to open a small tailor shop.

Over the next ten years, Joseph became a wholesale salesperson, traveling in the South to sell pants.

In 1940, they purchased a building on Hopkins Place in Baltimore to house their offices, showroom, shipping area, and cutting department.

Joseph Bank and his son, Howard, bought out the Hartz interest in the company and formed JoS.

[3] Following World War II, there was a severe shortage of men's tailored clothing.

A decision was made to specialize in that merchandise and to sell directly to the consumer, rather than wholesale.

As a result, a deal was struck with a retailer, Louie's, Inc., in Washington, D.C., to sell their clothing.

CEO Leonard Ginsberg (married to Mitzi, the daughter of Joseph and Anna Bank) decided to sell the company.

A Bank turned down the takeover offer from competitor Men’s Wearhouse, saying the $1.54 billion bid was far too low.

Bank Clothiers announced plans to buy outdoor retailer Eddie Bauer in an $825 million deal.

[7] Men’s Wearhouse quickly filed a lawsuit to block the proposed deal on the basis that it served only to make JoS.

[8] The lawsuit was expedited by Delaware Judge J. Travis Laster, who agreed that the Eddie Bauer deal was likely defensive posturing on the part of JoS.

Bank to submit documents pertaining to the acquisition and required it to notify Men’s Wearhouse at least 10 days before closing a deal with Eddie Bauer.

[10] As part of the deal, Bank terminated its plan to acquire Eddie Bauer, and they both formed the new entity Tailored Brands.