Shares of Men’s Wearhouse Inc. dropped 9.9 percent to $51.66 today and led global fashion stocks lower as the company sought to recast itself following its acquisition of Jos. A. Bank.
Doug Ewert, president and chief executive officer of Men’s Wearhouse, said at an analyst meeting that the combined Men’s Wearhouse and Jos. A. Bank aiims to become the largest men’s apparel retailer in the U.S. Ewert and the Men’s Wearhouse team said that the company is already the largest men’s specialty retailer and the third largest seller of men’s apparel in the U.S. after Macy’s and Kohl’s.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)