Men's Wearhouse and Jos. A. Bank: What's the Difference?
This article is for subscribers only.
While executives at Joseph A. Bank are trying to decide whether to raise their $2.3 billion offer for Men’s Wearhouse, a huge swath of consumers—namely women and guys who have never sought a suit that cost less than $250—is asking a more basic question about the two companies: What’s the difference?
It’s true, the similarities are striking. Both are discount suit retailers with awkward, retrograde names. Both are worried about keeping up with the trend toward trim, tailored suits and the wave of relatively affordable rivals that offer them, including J. Crew, Hennes & Mauritz, and Suitsupply. How to tell them apart: