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Slide #7. Men's Wearhouse — Joseph Abboud
Men's Wearhouse (MW)
The Men's Wearhouse (NYSE: MW) today announced that it has successfully completed its acquisition of JA Apparel Corp ("Joseph Abboud"), the celebrated American clothing brand.
The Men's Wearhouse is a retailer of men's suits and a provider of tuxedo rental products in the U.S. and Canada. Co.'s U.S. retail stores operate under the brand names of Men's Wearhouse, Men's Wearhouse and Tux, Jos. A. Bank and K&G. Co.'s Canadian stores operate under the brand name of Moores Clothing for Men. Co. also conducts retail dry cleaning, laundry and heirlooming operations through MW Cleaners. Additionally, Co. operates two corporate apparel providers, its U.K.-based operations, and its Twin Hill operations in the U.S. These operations provide corporate clothing uniforms and workwear to workforces. Co. has two reportable segments: retail and corporate apparel.
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Hold (2.00 out of 4)
(ranked lower than approx. 54% of all stocks covered)
Based on Zacks ABR data;
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