The prospects for a marriage of men’s wear retail giants improved perceptibly on Tuesday.
Withjust two days remaining before Jos. A. Bank Clothiers Inc.’s offer tobuy the larger Men’s Wearhouse Inc. is set to expire, Ricky Sandler,chief executive officer of MW’s largest shareholder, Eminence CapitalLLC, said that he’d received “assurances” from MW ceo Douglas Ewert thatthe firm would review “all strategic options available to the company,including a significant return of capital to shareholders and a mergerwith Jos. A Bank Clothiers Inc.”
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)