The Men's Wearhouse Inc. has extended its tender offer for shares of Jos. A. Bank Clothiers Inc. in connection with its acquisition of its competitor.The expiration of tender offer is now 5 p.m. Eastern Standard Time on April 9, from March 19.Men's Wearhouse earlier this month said it would acquire its competitor for $65 a share, or about $1.8 billion.The company said that, as of the close of business on Wednesday, 19.3 million shares of Jos. A. Bank stock had been tendered in and not withdrawn from the tender offer. That would represent 68.8 percent of the 28 million shares outstanding as of the end of Jos. A. Bank’s third quarter on Nov. 2.As provided in the merger agreement between the parties, if certain conditions to the tender offer aren't satisfied or waived, the tender offer may be extended for successive periods of time at up to ten business days.
“I’ve struggled my whole life to find a bathing suit that fits me that doesn’t look like a maternity bra. I’m proud of the line because it’s an accurate representation of me rather than me putting on someone else’s clothes,” says @atlantabean of her swimwear collaboration with @piaarrobio, LPA X ATL. The two decided on a swimwear collab and increased the industry standard size for the pieces. Read more about the line — and our interview with de Cadenet Taylor and Arrobio — on WWD.com #wwdfashion
Exclusive: Cate Blanchett has been named the first global beauty ambassador for @armanibeauty. Blanchett has been the face of the brand’s Sì fragrance franchise since 2013, and is now representing all of the label’s beauty categories including makeup and skin care. #wwdbeauty (📷: @zefashioninsider)
“From concept to creation, my goal was to create beautiful pieces, with a variety of sizes, all at affordable prices,” said @joansmalls of the swimwear and intimate apparel she designed for @smartandsexysocial. The collection includes neon laced bras, sheer bodysuits and swimwear separates. The intimates collection will launch in July, while the swimwear collection will be available for purchase on Tuesday at select @walmart stores, walmart.com and smartandsexy.com. #wwdfashion