Business Professor: Men's Clothier Deal Likely to Lead to Job Cuts
March 12, 2014
Contact: University Relations
In analyzing the just-anounced merger of clothing giants Men's Wearhouse and Jos. A. Bank, Steve Isberg, associate professor of finance in the University of Baltimore's Merrick School of Business, says that Bank's operations in Maryland may be reduced in favor of what Men's Wearhouse calls its "vertical direct sourcing model."
"That says they anticipate Men's Wearhouse model is probably more functional and more efficient and they would rely on that more than the Bank model," Isberg told The Baltimore Sun.
Read more about the merger in the Sun.
Learn more about Prof. Isberg.