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Jos. A. Bank [a] is an American retailer of men's furnishings specializing in suits. Established in 1905, by Charles Bank and Joseph Alfred Bank, [1] it operates over 180 retail locations and three distribution centers (Atlanta, Houston, and Jenkins). The company is headquartered in Fremont, California.
In October 2013, Men's Wearhouse received a $2.4 billion acquisition offer from smaller rival Jos. A. Bank. [12] Men's Wearhouse countered with an offer of its own, which sparked a five-month takeover battle between the two menswear retailers. After Jos. A. Bank rejected the initial counteroffer, Men's Wearhouse announced that it would increase ...
A Bank wants to acquire Men's Wearhouse for a significant premium, which would reward Men's Wearhouse shareholders. However, Men's Wearhouse feels Men's Wearhouse vs. Jos.
Right when we thought the drama between the two men's apparel rivals had ceased for the time being, Jos. A. Bank Clothiers and Men's Wearhouse are in the spotlight again over the same issue.
The global menswear market is expected to grow to $430 million by 2016 with over one-third of sales coming from the Americas. However, that hasn't helped the two dominant menswear retailers in the ...
The company has developed a source for wool fabrics in India by working with OCM India Limited, a mill in Amritsar, India, which is also owned by funds controlled by W.L. Ross & Co. Customers of the wool fabrics include many well-known makers of wool garments such as Jos A. Bank and others.
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