In a stunning turnabout in what has grown into an epic struggle between the two biggest forces in U.S. men’s specialty store retailing, The Men’s Wearhouse Inc. Tuesday offered to acquire its archrival Jos. A. Bank Clothiers Inc. for $55 a share in cash, or about $1.54 billion.
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)