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Jos. A. Bank Clothiers

Full company profile

uuid000eimx

Namestring
Jos. A. Bank Clothiers
Legal namestring
Jos. A. Bank Clothiers
Websiteurl
josbank.com
Company typeenum
Private
Founded yearint
1905
Descriptiontext

Jos. A. Bank Clothiers is a US men's tailored and casual clothing retailer founded in 1905 and operating today as a subsidiary of Tailored Brands, Inc. The company sells suits, dress shirts, sportcoats, pants, outerwear, shoes, and accessories through company-owned retail stores and an e-commerce platform (josbank.com), serving professional men, wedding and formal-event attendees, Big & Tall customers, and buyers of boys' formal wear. Operations are US-only, with 1,001-5,000 employees and a value positioning that the company states runs 20-30% below comparable competitors.

The product portfolio is built around proprietary sub-brands — Traveler Collection (wrinkle-resistant), Traveler COOLMOTION (37.5 thermoregulation technology), Reserve Collection (premium silks), 1905 Heritage Collection, Comfort Stretch, and Linen — alongside third-party brands such as Johnston & Murphy and Joseph Abboud. Technical differentiation centers on performance fabrics rather than digital technology: 37.5 active-particle thermoregulation, non-iron wrinkle-resistant finishes, comfort stretch spandex blends, water-repellent and moisture-wicking treatments, and RFID-blocking accessories. Every store includes an in-store tailor supporting alterations and the American Bespoke custom suiting program, a service layer that pure-play e-commerce competitors cannot easily replicate.

Revenue is generated across five streams: direct retail sales of apparel and accessories, tuxedo and formal wear rentals ($99+ packages via a dedicated microsite), custom and bespoke suiting, in-store alterations, and the Bank Account Rewards loyalty program. Distribution is omnichannel — physical retail, own e-commerce, buy-online-pick-up-in-store, phone ordering, and tuxedo rental appointments — supported by email, SMS, catalog, and seasonal promotional marketing. The company carries no AI/ML capability disclosures and operates with no public ticker, no recent disclosed funding, and no documented M&A or leadership-change activity in the input data.

Short descriptiontext

Jos. A. Bank Clothiers is a 1905-founded US men's tailored and casual clothing retailer, subsidiary of Tailored Brands, selling suits, dress shirts, sportcoats, and formal wear via company-owned stores, e-commerce, and tuxedo rentals for professional men, wedding attendees, and Big & Tall customers.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersHouston, United States
HQ citystring
Houston
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
men's tailored clothing, business suits, formal wear rental, custom tailoring, dress shirts
Industry1 code
1Ties, Bow Ties & Pocket Squares
CodeCRAAAJAHPrimaryYes
NAICS code3 codes
  • Clothing and Clothing Accessories Retailers4581
  • Clothing and Clothing Accessories Retailers45811
  • Clothing and Clothing Accessories Retailers458110
SIC code2 codes
  • Retail-Apparel & Accessory Stores5600
  • Retail-Family Clothing Stores5651
Product category
Men's Tailored Apparel Retail
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model5 records
1Retail Clothing Sales
TypeOne Time License
Description

Direct retail sales of men's suits, dress shirts, sportcoats, pants, casual tops, outerwear, shoes, and accessories through brick-and-mortar stores and e-commerce platform.

josbank.com
2Tuxedo and Formal Wear Rentals
TypeTransaction Fee
Description

Tuxedo rental packages starting at $99 with complete rental packages including coat, pants, shirt, tie, and shoes. Group rental discounts available with 6 paid packages qualifying for $250 credit.

josbank.com
3Custom Suiting Services
TypeOne Time License
Description

American Bespoke custom clothing program offering made-to-measure suits and dress shirts with personalized fitting.

josbank.com
4Alterations Services
TypeProfessional Services
Description

In-store tailoring services in every location for garment alterations and personalization.

josbank.com
5Bank Account Rewards Program
TypeSubscription Recurring
Description

Loyalty program where customers earn points ($1 = 1 point) redeemable for rewards ($50 for every 500 points), plus double points shopping days and exclusive member offers.

josbank.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure, Technology or R&D
Pricing details6 tiers
1Suits starting at $249.99
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Regular suits starting at $249.99 (reg. $299-$630). Additional charge for Big & Tall sizes. Excludes custom and Peanut Butter Collection. Clearance suits starting at $149.98.

josbank.com
2Dress Shirts 2 for $79
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Buy 2 dress shirts for $79 (reg. $59.50-$79.50 each). Additional charge for Big & Tall. Excludes 1905, boys dress shirts, Reserve, &Collar, and custom. Ends 6/28/2026.

josbank.com
3Sportcoats starting at $149.99
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Sportcoats & blazers starting at $149.99 (reg. $199-$349). Additional charge for Big & Tall. Excludes custom and Johnston & Murphy Collection.

josbank.com
4Wedding Suit Package $399.99
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Comfort stretch suit package includes jacket, pant, dress shirt & tie with code WED26. Valid through 12/31/2025. Up-charges for Big & Tall sizes.

josbank.com
5Tuxedo Rental from $99
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Rental packages starting at $99 with Bank Account Rewards discount applied. Complete rental packages starting at $199.99 with $60 Bank Account Rewards discount. Requires membership. Packages include coat, pants, shirt, tie, and shoes minimum.

josbank.com
6Free Shipping on Orders Over $50
ModelOtherBilling cadenceMonthly
Notes

Free standard shipping on all domestic online orders over $50 before taxes. Bank Account Rewards members receive free shipping on all orders with no minimum spend.

josbank.com
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 of 9 records shown
1Traveler Collection
Description

Wrinkle-resistant, performance men's clothing collection featuring dress shirts and suits designed for travelers.

josbank.com
+8 more records
Core offering1 text field

Jos. A. Bank Clothiers is a U.S. men's apparel retailer selling suits, sportcoats, dress shirts, tuxedos, casual tops, pants, outerwear, shoes, and accessories through company-owned retail stores and the josbank.com e-commerce site. The company also offers tuxedo and formal-wear rental packages, American Bespoke custom suiting, in-store tailoring and alterations, and a Big & Tall sizing program. It operates as a subsidiary of Tailored Brands, Inc.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Jos. A. Bank Clothiers is a men's formal and business casual apparel retailer offering a comprehensive wardrobe solution through multiple product lines. The core offerings include suits, sportcoats, dress shirts, casual tops, pants, outerwear, shoes, and accessories. The company operates proprietary sub-brands including the Traveler Collection (wrinkle-resistant), Traveler COOLMOTION (37.5 temperature-regulating technology), Reserve Collection (premium silk items), 1905 Heritage Collection, Comfort Stretch (stretch fabric), and Linen Collection. Services include tuxedo rental (starting at $99 via tuxedo.josbank.com) and custom clothing/bespoke tailoring. The brand also carries third-party brands including Johnston & Murphy, Joseph Abboud, Cole Haan, Clarks, and others. A loyalty program (Bank Account Rewards) provides points and free shipping for members. The company is part of Tailored Brands and maintains stores across the US with in-store tailors.

Product and service2 records
1Suits
CategoryCore product
Description

Full assortment of men's suits in multiple fits (skinny, slim, tailored, traditional) and fabrics including wool, linen, and performance blends, priced starting at $249.99.

2Sportcoats & Blazers
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Men's Wearhouse is the closest direct peer — also owned by Tailored Brands, Inc. — competing in men's tailored clothing, suits, tuxedo rental, and formal wear with overlapping customer segments (professional men, wedding attendees). The two brands operate as sister labels within the same parent, serving nearly identical use cases.

TypeDirect peer
Description

Indochino is a direct competitor in made-to-measure and custom men's suiting, offering personalized fitting at mid-tier price points. It directly challenges Jos. A. Bank's custom suiting business and tuxedo/suit segments with a digitally-native showroom model.

TypeDirect peer
Description

Suitsupply is a direct competitor in men's tailored clothing, offering suits, dress shirts, and formal wear at mid-to-premium price points with strong in-store experience. Both brands target professional men seeking quality tailored attire with contemporary styling.

TypeDirect peer
Description

Tom James is a direct competitor in custom and bespoke men's tailoring, offering made-to-measure suits with personalized service. It targets a similar professional male customer base through custom clothing programs akin to Jos. A. Bank's American Bespoke offering.

TypeBroad incumbent
Description

Brooks Brothers is a broader incumbent in heritage menswear, offering tailored suits, dress shirts, and formal wear with a premium positioning. It serves overlapping customer needs (professional men, formal events) but at higher price points with a wider brand portfolio.

TypeBroad incumbent
Description

Hugo Boss is a broader incumbent in premium men's tailored clothing and formal wear with global brand recognition. It overlaps with Jos. A. Bank's premium Reserve Collection and Joseph Abboud offerings but operates at significantly higher price points across a broader portfolio.

TypeEmerging player
Description

Bonobos is an emerging player in men's apparel focused on better-fitting pants and casual-professional clothing via direct-to-consumer channels. It addresses a partially overlapping customer (professional men) but with a stronger casual-leaning assortment.

TypeEmerging player
Description

J.Crew is an adjacent menswear competitor with offerings in casual and business-casual clothing including some tailored pieces. It targets a similar professional demographic but with a stronger emphasis on casual wear rather than formal suits.

TypeBroad incumbent
Description

Nordstrom is a broad incumbent department store carrying men's tailored clothing, dress shirts, and formal wear across multiple premium brands. It competes for Jos. A. Bank's wedding and professional customer segments but as part of a much broader apparel and accessories portfolio.

TypeDirect peer
Description

K&G Fashion Superstore is a direct competitor in value-priced men's suits, dress shirts, and formal wear. It overlaps with Jos. A. Bank's value positioning and customer base of budget-conscious professional men seeking affordable tailored attire.

Market position
Competitive moat4 records

Each record includes

Type, Details

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration3 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Jos. A. Bank Clothiers

Men's Tailored Apparel Retailjosbank.com

Jos. A. Bank Clothiers is a 1905-founded US men's tailored and casual clothing retailer, subsidiary of Tailored Brands, selling suits, dress shirts, sportcoats, and formal wear via company-owned stores, e-commerce, and tuxedo rentals for professional men, wedding attendees, and Big & Tall customers.

What Jos. A. Bank Clothiers does

Jos. A. Bank Clothiers is a US men's tailored and casual clothing retailer founded in 1905 and operating today as a subsidiary of Tailored Brands, Inc. The company sells suits, dress shirts, sportcoats, pants, outerwear, shoes, and accessories through company-owned retail stores and an e-commerce platform (josbank.com), serving professional men, wedding and formal-event attendees, Big & Tall customers, and buyers of boys' formal wear. Operations are US-only, with 1,001-5,000 employees and a value positioning that the company states runs 20-30% below comparable competitors.

The product portfolio is built around proprietary sub-brands — Traveler Collection (wrinkle-resistant), Traveler COOLMOTION (37.5 thermoregulation technology), Reserve Collection (premium silks), 1905 Heritage Collection, Comfort Stretch, and Linen — alongside third-party brands such as Johnston & Murphy and Joseph Abboud. Technical differentiation centers on performance fabrics rather than digital technology: 37.5 active-particle thermoregulation, non-iron wrinkle-resistant finishes, comfort stretch spandex blends, water-repellent and moisture-wicking treatments, and RFID-blocking accessories. Every store includes an in-store tailor supporting alterations and the American Bespoke custom suiting program, a service layer that pure-play e-commerce competitors cannot easily replicate.

Revenue is generated across five streams: direct retail sales of apparel and accessories, tuxedo and formal wear rentals ($99+ packages via a dedicated microsite), custom and bespoke suiting, in-store alterations, and the Bank Account Rewards loyalty program. Distribution is omnichannel — physical retail, own e-commerce, buy-online-pick-up-in-store, phone ordering, and tuxedo rental appointments — supported by email, SMS, catalog, and seasonal promotional marketing. The company carries no AI/ML capability disclosures and operates with no public ticker, no recent disclosed funding, and no documented M&A or leadership-change activity in the input data.

Jos. A. Bank Clothiers firmographics

Firmographics
Name
Jos. A. Bank Clothiers
Legal name
Jos. A. Bank Clothiers
Website
https://josbank.com
Company type
Private
Founded year
1905
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Jos. A. Bank Clothiers is a 1905-founded US men's tailored and casual clothing retailer, subsidiary of Tailored Brands, selling suits, dress shirts, sportcoats, and formal wear via company-owned stores, e-commerce, and tuxedo rentals for professional men, wedding attendees, and Big & Tall customers.
Ownership category
akta.pro rank

Jos. A. Bank Clothiers industry classification

Industry
Product category
Men's Tailored Apparel Retail
NAICS
Clothing and Clothing Accessories Retailers (4581), Clothing and Clothing Accessories Retailers (45811), Clothing and Clothing Accessories Retailers (458110)
SIC
Retail-Apparel & Accessory Stores (5600), Retail-Family Clothing Stores (5651)
akta.pro primary industry
Ties, Bow Ties & Pocket Squares (CRAAAJAH)

Keywords

  • Men's tailored clothing
  • Business suits
  • Formal wear rental
  • Custom tailoring
  • Dress shirts

Where Jos. A. Bank Clothiers is headquartered

Location

Headquarters

HQ city
Houston
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Jos. A. Bank Clothiers business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

  1. Retail Clothing Sales: Direct retail sales of men's suits, dress shirts, sportcoats, pants, casual tops, outerwear, shoes, and accessories through brick-and-mortar stores and e-commerce platform.
  2. Tuxedo and Formal Wear Rentals: Tuxedo rental packages starting at $99 with complete rental packages including coat, pants, shirt, tie, and shoes. Group rental discounts available with 6 paid packages qualifying for $250 credit.
  3. Custom Suiting Services: American Bespoke custom clothing program offering made-to-measure suits and dress shirts with personalized fitting.
  4. Alterations Services: In-store tailoring services in every location for garment alterations and personalization.
  5. Bank Account Rewards Program: Loyalty program where customers earn points ($1 = 1 point) redeemable for rewards ($50 for every 500 points), plus double points shopping days and exclusive member offers.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goSuits starting at $249.99
Unit PricingPay-as-you-goDress Shirts 2 for $79
Unit PricingPay-as-you-goSportcoats starting at $149.99
Unit PricingPay-as-you-goWedding Suit Package $399.99
Unit PricingPay-as-you-goTuxedo Rental from $99
OtherMonthlyFree Shipping on Orders Over $50

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Jos. A. Bank Clothiers product offering

Product offering

Core offering

Jos. A. Bank Clothiers is a U.S. men's apparel retailer selling suits, sportcoats, dress shirts, tuxedos, casual tops, pants, outerwear, shoes, and accessories through company-owned retail stores and the josbank.com e-commerce site. The company also offers tuxedo and formal-wear rental packages, American Bespoke custom suiting, in-store tailoring and alterations, and a Big & Tall sizing program. It operates as a subsidiary of Tailored Brands, Inc.

Product overview

Jos. A. Bank Clothiers is a men's formal and business casual apparel retailer offering a comprehensive wardrobe solution through multiple product lines. The core offerings include suits, sportcoats, dress shirts, casual tops, pants, outerwear, shoes, and accessories. The company operates proprietary sub-brands including the Traveler Collection (wrinkle-resistant), Traveler COOLMOTION (37.5 temperature-regulating technology), Reserve Collection (premium silk items), 1905 Heritage Collection, Comfort Stretch (stretch fabric), and Linen Collection. Services include tuxedo rental (starting at $99 via tuxedo.josbank.com) and custom clothing/bespoke tailoring. The brand also carries third-party brands including Johnston & Murphy, Joseph Abboud, Cole Haan, Clarks, and others. A loyalty program (Bank Account Rewards) provides points and free shipping for members. The company is part of Tailored Brands and maintains stores across the US with in-store tailors.

Differentiator

Problem solved

Functional benefit

Brands

  • Traveler Collection: Wrinkle-resistant, performance men's clothing collection featuring dress shirts and suits designed for travelers.
  • Traveler COOLMOTION
  • Traveler Performance Collection
  • Jos. A. Bank Reserve Collection
  • 1905 Collection
  • American Bespoke
  • Comfort Stretch Collection
  • Signature Gold
  • Bank Account Rewards

Products and services

  • Suits Full assortment of men's suits in multiple fits (skinny, slim, tailored, traditional) and fabrics including wool, linen, and performance blends, priced starting at $249.99.
  • Sportcoats & Blazers

Companies that use Jos. A. Bank Clothiers

Customer profile

Segments4 records

Ideal customer profiles3 records

Jos. A. Bank Clothiers technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Jos. A. Bank Clothiers partnerships and signals

Strategic signal

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Jos. A. Bank Clothiers competitors and assessment

Company assessment

Direct peers

  • Men's Wearhouse: Men's Wearhouse is the closest direct peer — also owned by Tailored Brands, Inc. — competing in men's tailored clothing, suits, tuxedo rental, and formal wear with overlapping customer segments (professional men, wedding attendees). The two brands operate as sister labels within the same parent, serving nearly identical use cases.
  • Indochino: Indochino is a direct competitor in made-to-measure and custom men's suiting, offering personalized fitting at mid-tier price points. It directly challenges Jos. A. Bank's custom suiting business and tuxedo/suit segments with a digitally-native showroom model.
  • Suitsupply: Suitsupply is a direct competitor in men's tailored clothing, offering suits, dress shirts, and formal wear at mid-to-premium price points with strong in-store experience. Both brands target professional men seeking quality tailored attire with contemporary styling.
  • Tom James: Tom James is a direct competitor in custom and bespoke men's tailoring, offering made-to-measure suits with personalized service. It targets a similar professional male customer base through custom clothing programs akin to Jos. A. Bank's American Bespoke offering.
  • K&G Fashion Superstore: K&G Fashion Superstore is a direct competitor in value-priced men's suits, dress shirts, and formal wear. It overlaps with Jos. A. Bank's value positioning and customer base of budget-conscious professional men seeking affordable tailored attire.

Broad incumbents

  • Brooks Brothers: Brooks Brothers is a broader incumbent in heritage menswear, offering tailored suits, dress shirts, and formal wear with a premium positioning. It serves overlapping customer needs (professional men, formal events) but at higher price points with a wider brand portfolio.
  • Hugo Boss: Hugo Boss is a broader incumbent in premium men's tailored clothing and formal wear with global brand recognition. It overlaps with Jos. A. Bank's premium Reserve Collection and Joseph Abboud offerings but operates at significantly higher price points across a broader portfolio.
  • Nordstrom (Men's): Nordstrom is a broad incumbent department store carrying men's tailored clothing, dress shirts, and formal wear across multiple premium brands. It competes for Jos. A. Bank's wedding and professional customer segments but as part of a much broader apparel and accessories portfolio.

Emerging players

  • Bonobos: Bonobos is an emerging player in men's apparel focused on better-fitting pants and casual-professional clothing via direct-to-consumer channels. It addresses a partially overlapping customer (professional men) but with a stronger casual-leaning assortment.
  • J.Crew: J.Crew is an adjacent menswear competitor with offerings in casual and business-casual clothing including some tailored pieces. It targets a similar professional demographic but with a stronger emphasis on casual wear rather than formal suits.

Market position

Competitive moat4 records

Key highlights7 records

Customer concentration

Jos. A. Bank Clothiers social profiles

Digital presence

Jos. A. Bank Clothiers financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Jos. A. Bank Clothiers leadership team

Management profile

Number of profiles

Jos. A. Bank Clothiers funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Jos. A. Bank Clothiers M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jos. A. Bank Clothiers

What does Jos. A. Bank Clothiers do?

Jos. A. Bank Clothiers is a U.S. men's apparel retailer selling suits, sportcoats, dress shirts, tuxedos, casual tops, pants, outerwear, shoes, and accessories through company-owned retail stores and the josbank.com e-commerce site. The company also offers tuxedo and formal-wear rental packages, American Bespoke custom suiting, in-store tailoring and alterations, and a Big & Tall sizing program. It operates as a subsidiary of Tailored Brands, Inc.

Is Jos. A. Bank Clothiers a public or private company?

Jos. A. Bank Clothiers is a private company. It is classified as corporate owned and is currently operating.

When was Jos. A. Bank Clothiers founded?

Jos. A. Bank Clothiers was founded in 1905. It employs 1,001 to 5,000 people.

Where is Jos. A. Bank Clothiers based?

Jos. A. Bank Clothiers is headquartered in Houston, United States, in the North America region.

How does Jos. A. Bank Clothiers make money?

Five revenue lines are on record. Retail Clothing Sales are the primary driver. The others are tuxedo and Formal Wear Rentals, custom Suiting Services, alterations Services and bank Account Rewards Program.

Who are Jos. A. Bank Clothiers's main competitors?

Direct peers on record are Men's Wearhouse, Indochino, Suitsupply, Tom James and K&G Fashion Superstore. Broad incumbents are Brooks Brothers, Hugo Boss and Nordstrom (Men's). Emerging players are Bonobos and J.Crew.

Does Jos. A. Bank Clothiers have an API?

No public API is recorded for Jos. A. Bank Clothiers.

What industry is Jos. A. Bank Clothiers in?

Jos. A. Bank Clothiers's product category is Men's Tailored Apparel Retail. Its primary akta.pro industry code is CRAAAJAH, Ties, Bow Ties & Pocket Squares. Its NAICS code is 4581 and its SIC code is 5600.

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Live signals
Business InsiderOne of retail's most troubled brands is slated to pull off the biggest turnaround of the yearJos. A. Bank, a struggling retail chain, is expected to turn around, according to analyst Eric Beder. The brand's comparable sales fell 16% in the most recent quarter, but Beder sees an inflection point. The company has tried to cut excessive discounts and focus on custom clothing, but results have been mixed.PR NewswireInvestor Alert: The Law Offices of Vincent Wong Notifies Investors of Class Action Involving Tailored Brands, Inc. and a Lead Plaintiff Deadline of May 31, 2016The Law Offices of Vincent Wong filed a securities class action lawsuit in the US District Court for the Southern District of Texas against Tailored Brands, Inc. on behalf of investors who purchased company securities between June 18, 2014 and December 9, 2015. The lawsuit alleges that during this period, the company made misleading statements regarding the completed $65.00-per-share acquisition of Jos. A. Bank Clothiers and subsequently concealed significant comparable sales weakness at Jos. A. Bank, including fourth-quarter sales expected to decline 20-25% year-over-year. The lead plaintiff deadline is May 31, 2016.Business InsiderMen’s Wearhouse, George Zimmer is waiting for your callMen's Wearhouse shares are declining after reporting weak earnings driven by the underperformance of its $1.8 billion acquisition of Jos. A Bank. Founder George Zimmer, who was fired in 2013, criticized the merger as a mistake due to the retailers' similar customer bases and merchandise. The company is recording a $90.1 million charge related to the failed investment while Jos. A Bank's same-store sales have dropped significantly.Business InsiderMen's Wearhouse shares tank after people stopped shopping at Jos. A. BankMen's Wearhouse shares fell 21% after Jos. A. Bank's buy-one-get-three-free promotions were phased out, cutting foot traffic and sales. Third-quarter comparable sales at Jos. A. Bank fell 14.6%, and Men's Wearhouse cut its adjusted EPS forecast to $0.46-$0.51 from $0.87.Business InsiderJos. A. Bank sales are crashing after the retailer killed the main reason men shopped thereJos. A. Bank is cutting back on its aggressive discounts after sales at stores open at least a year fell 9.4% year-over-year in the second quarter. The retailer, acquired by Men's Wearhouse, plans a new fall strategy to attract younger customers and shift toward smaller, healthier transactions.Business InsiderJos. A Bank scaled back on the main reason people shop there, and sales are tankingJos. A. Bank, acquired by Men's Wearhouse, phased out its buy-one-get-several-free promotions, and same-store sales fell 9.4% in Q2. Analysts say the reduction in promotions is largely to blame for the drop. Men's Wearhouse is introducing new clothing to attract younger customers, but the brand remains problematic.Business InsiderJos. A. Bank is scaling back on one of the main reasons that people shop thereMen's Wearhouse, owner of Jos. A. Bank, is scaling back its deep-discount promotions, which have become unsustainable. The company plans to broaden appeal to younger customers with tailored and tech-friendly clothing, and will add Joseph Abboud collections to stores this year.Business InsiderSNL Skit Hilariously Mocks Jos. A. Bank's Ridiculous PromotionsSNL mocked Jos. A. Bank's promotions in a skit where a character uses discounted suits as paper towels, citing their buy-one-get-three-free pricing. The skit highlights the brand's frequent sales and the character's plan to use the suits for kindling.Business InsiderMen's Wearhouse To Buy Jos. A. Bank For $1.8 BillionMen's Wearhouse agreed to acquire Jos. A. Bank for $65 per share in cash, totaling $1.8 billion. The deal would combine over 1,700 stores and $3.5 billion in sales, with no rebranding. Jos. A. Bank also terminated its Eddie Bauer acquisition.GlobeNewswireJoS. A. Bank Clothiers Announces Its Pre-Thanksgiving Doorbusters and Super Tuesday EventJoS. A. Bank Clothiers announced a pre-Thanksgiving doorbuster event starting November 26, 2013, in its 571 stores and online. The event features heavily discounted items, including cashmere blazers at $179 and VIP leather jackets at $179, plus 70% off suits and 60% off most merchandise.