November 27, 2013
Contact: University Relations
Steve Isberg, associate professor in the University of Baltimore's Merrick School of Business, tells The Baltimore Sun that the ongoing acquisition struggle between clothing retailers Men's Wearhouse and Jos. A. Bank is indicative of a market that is both vulnerable and volatile.
"The smaller men's chains are struggling unless they're running a boutique with high-end clientele," Isberg said, in response to news that the Men's Wearhouse chain has proposed a buyout of Bank—a reversal after weeks of Bank declaring its interest in acquiring the larger Men's Wearhouse. "Without the merger, the future isn't really that bright for either company...."
Read the article.
Learn more about Prof. Isberg.