Even though The Men’s Wearhouse Inc. has rejected Jos. A. Bank Clothiers Inc.’s $2.4 billion offer, don’t expect the men’s vertical retailer to walk away anytime soon.
Robert N. Wildrick, chairman of Jos. A. Bank, said in a telephone interview, “I am disappointed in their formulated response. In the interests of shareholders, and more importantly in the interests of customers, this is an opportunity to put together a couple of very good companies and come out with an extraordinarily good company with better product that’s cheaper to compete against the big guys, such as Macy’s. That’s a plus in my point of view. It’s a win-win for everybody.”
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"