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Jos. A. Bank looking for acquisitions
New York -- Men’s apparel and accessories chain Jos. A. Bank Clothiers has confirmed that it is on the hunt for acquisitions to drive growth. The company has retained Financo LLC to assist it in its search.
“As part of its evaluation of strategic opportunities, the company has been and will continue to selectively seek potential acquisitions that are strategically sound and accretive in the long run,” Jos. A. Bank said in a statement. “No timetable has been set for any acquisition.” -
Marsh: Lessons learned from Bangladesh factory collapse
New York -- The Rana Plaza factory collapse in Bangladesh that killed more than 1,100 people highlights the serious risks that labor conditions can pose not only to workers, but also to organizations’ reputations, supply chains, and bottom lines, according to a report by global insurance broking and risk management firm Marsh.