Many thanks to Pete S. who sent in the style tip on this one.
Men’s Wearhouse Inc. is pursuing a possible purchase of dress-shoe maker Allen Edmonds Corp., according to a person familiar with the matter. Such a deal could complicate Jos. A. Bank Clothiers Inc.’s unsolicited bid for Men’s Wearhouse.
Port Washington-based Allen Edmonds, the maker of high-end men’s dress shoes, is owned by private equity firm Goldner Hawn Johnson & Morrison of Minneapolis. Reuters reported in July that Goldner Hawn was looking to sell, but Paul Grangaard, Allen Edmonds president and CEO, denied the report. He said the company was actually seeking new capital to help it expand, although he didn’t rule out a sale.
Grangaard could not immediately be reached for comment Tuesday afternoon.
End of summer clearances + new arrival sale reluctance = stuck between seasons.
Sunday & Monday only. Shawl collar sweaters. Quilted jackets. Lots of new fall arrivals. BRF…
Huckberry has refreshed their sale section.
But will any of it go on significant sale anytime soon? Attempted analysis of sale…
"Who are you wearing??" ... "The Sale section. All of them."