Men's Wearhouse

Men’s Wearhouse (MW) Plunges on Jos. A. Bank’s Poor Sales Performance

Men’s Wearhouse warned that it could miss the lower end of its guidance if the poor sales performance of Jos. A. Bank continues. The stock price of the company plunged more than 18% to...

Jos. A. Bank Ditches Offer to Buy Men’s Wearhouse, Seeks Other Options

Jos. A. Bank Clothiers (NASDAQ:JOSB) decided to abandon its proposal to acquire its competitor Men’s Wearhouse (NYSE:MW) for $48 per share in cash. Robert Wildrick, chairman of the board of Jos. A. Bank explained that...

Men’s Wearhouse Rejects Jos. A. Bank’s $2.3B Unsolicited Takeover Offer

The Men’s Wearhouse (NYSE:MW) rejected the $2.3 billion unsolicited takeover proposal from its competitor Jos. A. Bank Clothiers (NASDAQ:JOSB) and indicated that it is not in the best interest of shareholders. According to Men’s Wearhouse,...

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