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menswear posts

Solid Q3 earnings could push JoS. A. Bank through long-term resistance

Posted Dec 2nd 2009 12:40PM by Mark Fightmaster (RSS feed)
Filed under: Earnings Reports

Some people (mainly ZZ Top and corporate bigwigs) will tell you dressing well is key. Let's add JoS. A. Bank Clothiers (JOSB) to that list, as the men's fine clothing provider announced that its third-quarter profit increased by 26%.

The company raked in 63 cents per share compared to 50 cents per share a year ago. Moreover, these results handily topped the consensus estimate for 55 cents per share. Sales increased to $161.3 million from $149.3 million a year ago, besting the consensus estimate for $160.2 million.

Continue reading Solid Q3 earnings could push JoS. A. Bank through long-term resistance

Walmart to launch 'Exsto' urban menswear line

Posted Mar 30th 2006 10:10AM by Sarah Gilbert (RSS feed)
Filed under: Products and Services, Launches, Rants and Raves, Wal-Mart (WMT)

Walmart and fashion - will they ever go together? I, for one, can't fathom the combo. The retailer has been fighting the uphill battle of competing in a marketplace where Target is the pinnacle and even Kmart is hipper-than-them. Oh what a sad place to be. And now they'll be in that sad place with a menswear line that no one could possible pronounce. Or spell.

Really. I had to toggle four times to type Exsto. Perhaps the young urban males to whom the clothing line will be targeted won't care how it's spelled, or pronounced, and will shove it in their carts along with the CDs full of rap ... oh wait! Doesn't Walmart still refuse to carry music with explicit lyrics - the type enjoyed most by young urban males?

The strategy is questionable, but at least the company charged with producing the menswear has some street cred. G-III Apparel also produces clothing lines for Sean John, Tommy Hilfiger, Calvin Klein, and Guess.