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Formalwear

  • JoS. A. Bank opens 600th store; plans to grow to 800 stores

    Hampstead, Md. -- JoS. A. Bank Clothiers announced the opening of its 600th store, in the Shops at Midtown Miami on North Miami Avenue in Miami. The company said it expects to open another 200 stores in the future as part of its long-term plan to grow the chain to approximately 800 stores, including 700 full-line stores and 100 factory stores in the United States.

  • Men's Wearhouse ties 'The Knot'

    FREMONT, Calif. — Men's Wearhouse is partnering with The Knot Wedding Network, a popular wedding resource, to become the tuxedo provider of choice on TheKnot.com

    Through the exclusive arrangement, brides-to-be will have the opportunity to view and interact with Men's Wearhouse brand-name tuxedo merchandise at an early stage of the wedding planning process.

  • Men's Wearhouse teams with TheKnot.com

    Fremont, Calif. -- The Men’s Wearhouse and online wedding site The Knot Wedding Network announced Wednesday that Men’s Wearhouse will be the exclusive tuxedo provider for TheKnot.com.

    The new arrangement will give brides-to-be the opportunity to view and interact with Men's Wearhouse brand-name tuxedo merchandise at an early stage of the wedding planning process.

  • JoS. A. Bank launches tuxedo rental website

    Hampstead, Md. -- JoS. A. Bank Clothiers said Wednesday it has launched Josbankformal.com, a new tuxedo rental website.

    The site will allow couples to register their weddings and access an event dashboard to monitor order status and communicate with a wedding party through emails or text messaging.  

    Event information will flow seamlessly to stores, where associates can access existing events or create new ones, and confirm orders.

     

  • The Men’s Wearhouse to open outlet stores

    New York -- The Men’s Wearhouse will make its outlet center debut in the fourth quarter, opening five stores under the Men’s Wearhouse Outlet banner, management said during the company’s recent earnings call with investors. The stores will be located in outlet centers across the United States.

  • David's Bridal selects Mercent to boost e-commerce growth

    SEATTLE — David's Bridal, a retailer of wedding attire and other nuptial-related items, has signed on to use Mercent's Retail software platform.

    David’s Bridal is utilizing Mercent Retail to increase online sales, revenue and profits across Amazon.com and high growth comparison shopping engines, Mercent said.

  • Payless 'falls' for value with new shoe line

    TOPEKA, Kan. — Payless ShoeSource has unveiled its fall Incredible Value Everyday Collection -- a refreshed line with a range of footwear for women, men and children including dress, casuals and athletic styles at prices starting at $10 for kids, $15 for women, and $20 for men.

  • JoS A. Bank Q2 income up 12.7%; increases store expansion

    Hampstead, Md. -- JoS A. Bank Clothiers reported that its earnings in the second quarter rose 12.7% to $23.2 million, from $20.6 million a year earlier, easily beating analysts projections. The retailer said it plans to open about 45 to 50 stores each in fiscal 2012 and 2013.

    Total sales in the quarter rose 12.9% to $260.3 million. Sales in the company's direct marketing segment, which consists of the Internet and catalog call centers, rose 39.3%.Same-store store sales increased 6.1%.

  • Private equity company Clayton, Dubilier & Rice to acquire David’s Bridal

    New York -- Private equity firm Clayton, Dubilier & Rice on Tuesday announced a definitive agreement to acquire the 300-store David’s Bridal in a deal that values the bridal dress retailer at $1.05 billion.
     
    Leonard Green & Partners will remain a minority partner. CD&R operating partner Paul Pressler, former CEO of Gap Inc. and former senior Disney executive, will assume the role of chairman at the close of the transaction, expected in the fourth quarter.
      

  • Mark Shale files for Chapter 11 bankruptcy protection

    Chicago -- Chicago high-end fashion retailer Mark Shale said Tuesday it has filed for reorganization bankruptcy.

    The 83-year-old company is seeking strategic alternatives, including a partner to fortify the business, according to president Rich Myers.

    The three existing stores – all in Chicago – will continue to operate during the reorganization process.

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