By
with contributions from Reuters
 on July 29, 2014

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.

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