
The struggling owner of Men's Wearhouse and Jos. A. Bank reported sales that came in under analysts’ expectations as well as a weak outlook on Wednesday, sending its shares plummeting 26% on Thursday.
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The struggling owner of Men's Wearhouse and Jos. A. Bank reported sales that came in under analysts’ expectations as well as a weak outlook on Wednesday, sending its shares plummeting 26% on Thursday.
The back off from Abercrombie & Fitch on Monday about a potential sale shows that mergers and acquisitions for fashion retailers are not the easiest move, only braved by a select few and avoided after a certain age.
Debt-laden U.S retailer Eddie Bauer LLC has hired investment banks to explore strategic alternatives, including a potential sale of the company, people familiar with the matter said on Friday.
Tailored Brands will close 170 tuxedo shops at Macy's in the second quarter, as part of an agreement to wind down the tuxedo rental business. The company also posted a decrease in net sales for the quarter.
Awear-Tech Awearness Kenneth Cole launches in November exclusively at Men's Wearhouse in the US and Moore's in Canada. The line offers tailored clothing with high performance technology.
A federal judge certified a class-action lawsuit that accuses J.C. Penney of marking up retail prices on apparel and accessories to trick shoppers into believing they were getting big discounts.
The 4,300-square-foot Flagship store is located on Manhattan's Madison Avenue and carries Abboud's many product extensions.
Men's Warehouse last week released its financial numbers, which, with the exception of brand Jos A. Bank, are all positive.
U.S. antitrust officials on Friday said they had closed their investigation into the proposed merger of men's clothing retailers Men's Wearhouse and Jos. A. Bank, a move that will allow the deal to move ahead.
Men's Wearhouse Inc said it would acquire rival Jos. A. Bank Clothiers Inc for about $1.8 billion, ending a five-month saga that started with Jos. A. Bank offering to buy its larger menswear rival.