Bank men's clothing stores thrive despite hard commercial times

Jos.A good.Bank has opened new stores 110 countrywide since 2008, bringing the total to 527 broadened its manufacturer products, started outlet and tuxedo rental businesses and announced plans recently to take its e commerce site global.Company has 29 stores in illinois and plans to grow in the state.

Most critical, through downturn the company, which centers on career wear for men, offered higher levels and sharp marketing, at one point even offering to take back suits from men who were laid off.

Sales of men's apparel in the states have been shaky, drifting down from $53.2 thousand in 2009 to $51.3 million a year later, Depending on New York based market research firm NPD Group.Transaction climbed to $53.4 billion in biggest banking period.

The menswear industry already was stunted by long term trends toward casual office attire when the economy fell into rec ... Read more »