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Men’s Wearhouse Targets Millennials To Drive Growth
The menswear market is hot. Men’s apparel sales in the United States rose 2% in 2014 to $61.3 billion, up from $60.8 billion in 2013.
And Men’s Wearhouse — one of North America’s largest menswear specialty retailers with 1,758 stores — has been taking note.
The retailer is capitalizing on the category’s growth via acquisition-fueled expansion, new designer collections and more customized products and service. -
Martha Stewart Living Omnimedia sold, and the buyer is…
New York -- The home and lifestyle company that domestic diva Martha Stewart launched in 1997 has been acquired in a cash-and-stock deal valued at approximately $353 million. It’s a big comedown for a company that was valued at $2 billion on the day of its initial public offering in 1999, but whose fortunes have been on the downslide for a while now.

