Content about Men's Wearhouse

Houston -- The Men's Wearhouse Inc. posted a larger-than-expected loss for its fiscal fourth quarter. The retailer also announced that it was exploring the possible sale of its weaker performing K&G unit.

The company lost $3.4 million for the quarter that ended Feb. 2, compared to a loss of $3.8 million in the year-ago period.

Revenue rose 8.2% to $608.4 million. Revenue from Men's Wearhouse stores, which made up 61% of the quarter’s sales, rose 9.1%.

New York -- Supply chain solution-provider DeSL said Thursday that Men’s Warehouse is embarking on a phase 2 project that expands its PLM application usage to implement the DeSL full supply chain solution.

"Now that we have implemented DeSL's PLM solution we have full control of our product development, are sharing on-line tech packs with our vendors along with time and action calendars and collaborative costing, the natural extension was to go to full supply chain management,” said Will Silveria , executive EVP , Men's Wearhouse.

Fremont, Calif. -- Men's Wearhouse said Wednesday that menswear designer Joseph Abboud has been named the company's chief creative director.

According to the company, Abboud will leverage his industry and design knowledge to work directly with Men's Wearhouse's merchants and sourcing team to enhance and improve the company's offerings.

Fremont, Calif. -- The Men’s Wearhouse and online wedding site The Knot Wedding Network announced Wednesday that Men’s Wearhouse will be the exclusive tuxedo provider for TheKnot.com.

The new arrangement will give brides-to-be the opportunity to view and interact with Men's Wearhouse brand-name tuxedo merchandise at an early stage of the wedding planning process.

Houston -- The Men’s Wearhouse reported Wednesday that net income for the first quarter dipped 2% to $26.9 million, dragged down by negative same-store sales at its K&G off-price unit. Its results missed expectations.

Revenue rose 1% to $586.6 million, missing Wall Street’s forecasted $593.7 million in revenue.

Houston -- The Men's Wearhouse reported a net loss of $3.8 million for the quarter that ended Jan. 28, compared with a net loss of $14.1 million a year earlier, as it cut costs and increased prices.

The results beat forecasts, and the company said it expects 2012 income to be higher than expectations.

Revenue was $562.2 million, up from $542.1 million.

New York City -- Men's Wearhouse said Thursday it has opened its first Big & Tall store in New York City, located at 730 3rd Ave.

Grand opening festivities are slated for Oct. 22, and will feature appearances by former NBA basketball players and 50% discounts off merchandise.
 

Houston -- Increased sales across its brands helped drive The Men's Wearhouse’s second-quarter net income up nearly 33%, beating estimates.

The retailer earned $57.1 million for the fiscal quarter that ended July 30, up from $43 million in the same quarter last year.

Revenue increased 22% to $655.5 million. Men's Wearhouse said its purchase in 2010 of two British uniform and work-wear companies helped drive business.

Houston -- Men's Wearhouse announced Wednesday that Douglas S. Ewert has officially succeeded founder George Zimmer as the company’s president and CEO.

The announcement was made at the retailer’s Annual Shareholder Meeting. As previously announced, Zimmer will continue as executive chairman of the board of directors.

Houston -- Men's Wearhouse reported Wednesday that its net income more than doubled in the first quarter, rising to $27.2 million from $13.6 million in the year-ago period. The company cited its expansion into the corporate uniform market for its improved performance.

Results topped both Wall Street and internal company forecasts.

Revenue rose nearly 23% to $580 million from $473 million. The retailer sold nearly $60 million in corporate apparel and other uniforms, up from $3.7 million in the same period a year ago.

Houston -- Men's Wearhouse announced Monday that company president and COO Douglas S. Ewert will succeed founder George Zimmer as president and COO, effective June 15.

According to the retailer, the transition is part of a previously announced succession plan.

Ewert, 47, has been nominated by the board to be elected as a director of the company at the annual shareholder meeting and will be included in the list of nominees in the proxy statement for consideration by the shareholders.

Houston -- The Men's Wearhouse reported Wednesday a loss of $14.1 million for the quarter ended Jan. 29, narrowed from a loss of $18.8 million in the year-ago period.

The retailer, which sells suits and rents tuxedos, offered a 2011 forecast of adjusted profit that would beat Wall Street projections.

Revenue increased 18.6% to $542.1 million. Same-store sales rose 4.3% on strong tuxedo-rental revenue.