Tailored Brands Inc. is suiting back up for Wall Street. 

The retailers — which owns Men’s Wearhouse, Jos. A Bank, Moores and K&G Fashion Superstore — said it confidentially submitted a draft registration statement to regulators for an initial public offering. 

That gives the company some time to go back and forth with the Securities and Exchange Commission to refine just what it needs to disclose and how its business should be presented to investors in an offering. 

Tailored Brands is certainly looking to get in on a market that’s red hot — the Dow Jones Industrial Average is trading just under 50,000 and is still near its all-time high. 

But an all-time high does not necessarily translate into a stable consumer environment. 

The stock market run is underpinned by massive spending on artificial intelligence and, while consumers continue to buy, confidence has been hit by the war with Iran and the attendant oil shock. 

The move toward an IPO has been rumored for some time and the company has been clearly preparing for it.

John Tighe, a veteran merchant for JCPenney who had been chief customer officer at Tailored Brands, was named chief executive officer in August. And in December, former Foot Locker chief financial officer Mike Baughn was brought in as CFO and Karla Gray was promoted to chief operating officer. 

Tailored Brands has been here before. 

The 53-year-old company first went public in 1992. After nearly three decades of ups and downs it filed for bankruptcy shortly after COVID-19 hit the market in 2020. Tailored Brands emerged from Chapter 11 that year, owned by Silver Point Capital. 

Tighe said in December that “business has been strong” for two years with each of the company’s nameplates performing well. 

“All of the banners are growing and we’re wildly profitable,” he said, singling out Jos. A. Bank as the strongest of the bunch at the time. “We love the Jos. A. Bank business and we think there’s tremendous opportunity to grow that business in the future.”

In 2023, Tailored Brands logged sales of $2.6 billion and adjusted EBITDA of $406 million.

When the registration statement is made public, potential investors — and competitors — will get a fresh look under the hood.