By and and  on July 19, 2013

The Men's Wearhouse Inc. has reunited Joseph Abboud the man with Joseph Abboud the brand.

On Thursday, the Fremont, Calif.-based retailer said it signed a definitive agreement to acquire JA Holding Inc., a subsidiary of J.W. Childs Associates, for $97.5 million in cash. The deal is subject to certain adjustments and is expected to close in the third quarter. The company expects to finance this acquisition as well as a $200 million share repurchase program with cash on hand and/or proceeds from its existing credit facility.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus