Men’s Wearhouse will buy J.A. Apparel and the Joseph Abboud brand, for $97.5 million in cash. Joseph Abboud will exit the wholesale business and become an exclusive Men’s Wearhouse brand.
HOUSTON—Men’s Wearhouse said today that its president and COO Doug Ewert would succeed CEO George Zimmer as soon as June 15, following the company’s annual shareholder meeting. The move was announced in January, but a date for the succession had not been set. Zimmer will remain executive chairman of the company. Ewert’s COO position will […]