With its holdings in rival Jos. A. Bank Clothiers Inc. now approaching 80 percent, The Men’s Wearhouse Inc. has extended its tender offer for Jos. A. Bank shares an additional two weeks.
Jos. A. Bank shareholders now have until 5 p.m. New York time on May 7 to tender their shares and receive $65 in cash for each. The previous deadline was April 23 and the offer had earlier been extended from April 9.
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)