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Does Men’s Wearhouse benefit from a Merger with Joseph A. Bank?
Theoretical Framework
I am interest in the study of this topic because I am curious about the financial effects of such a merger.
The company needs to know what their best choice is moving forward.
Financially both companies involved should see the pros and cons of such a merger.
The shareholders in each company should know which acquisition benefits them more.
Methodology
Decision Tree
SWOT Analysis
Lewin’s force field Analysis
Anticipated Difficulties
By being rational I don’t plan to have any difficulties. Due to the nature of my project and stature it is highly unlikely I will get a Primary Source for this assignment. Other information should be relatively easy to get from online sources. Financial information should be especially easy because both companies involved are required to report information as members of the New York Stock Exchange.
Introduction
Men’s Wearhouse was founded by George Zimmer in 1973 as a clothing store for “the common man.” In a famous advertising campaign throughout the 1980’s and 90’s Zimmer was seen saying “You’re going to like the way you look; I guarantee it.” Throughout its history it was become a more formal store specializing in black tie formal wear such as suits and tuxedos. Today they continue to sell men’s suits, tuxedos and accessories such as belts, ties, and shoes. In October Joseph A. Bank, their main competitor, made a buyout offer at 48$ a share, an offer Men’s Wearhouse swiftly rejected and ignored. Men’s Wearhouse has since offered a buyout offer to Joseph A. Bank that has also been rejected. This situation has led me to the question: Does Men’s Wearhouse benefit from a merger with Joseph A....
... middle of paper ...
...es each want to retain power over their respective companies
Works Cited
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Mirabella, Lorrainw. "Men's Wearhouse Shuns Acquisition Offer from Jos. A. Bank Clothiers." Baltimoresun.com. N.p., 09 Oct. 2013. Web. 15 Dec. 2013.
Rupp, Lindsey, David Welch, and Matt Townsend. "Men's Wearhouse Takes on New Look as Hunter Not Target." Bloomberg.com. Bloomberg, 27 Nov. 2013. Web. 15 Dec. 2013.
Seward, Christopher. "Men's Wearhouse Founder Zimmer Still Smarting, Says Merger with Jos. A. Bank Will Happen ." AJC.com. Atlanta Journal Constitution, 09 Dec. 2013. Web. 12 Dec. 2013.
Shrivastava, Aditi. "Men's Wearhouse Turns Tables with Bid for Jos. A. Bank." Reuters. Thomson Reuters, 26 Nov. 2013. Web. 12 Dec. 2013.
Daumeyer, Rob. "Beware of Too Much Business" Cincinnati Business Courier (June 1996): 9pars. 28 June 1996
The retail industry is continuously growing. There are many successful companies and entrepreneurs in this industry. One successful entrepreneur is Dennis Wilson, also known as Chip Wilson.
...: Wall Street Insider - Financial News, Headlines, Commentary and Analysis - Hedge Funds, Private Equity, Banks. Retrieved January 15, 2012, from http://dealbreaker.com/2010/06/wachovia-vp-had-good-reason-to-steal-money-from-bank-that-youll-probably-never-understand/
Ron Johnson spent a great deal of time and money to promote his ideas of “stores-within-stores” by turning floor space into an area to house several branded boutiques. He did this in order to attract a target market of a wider demographic which includes age, gender, and generation. One of the m...
Baker Patricia, 1991, Fashions Of A Decade: The 1950's,. New York, Facts On File, Inc.
owns such brands as ‘Calvin Klein’ (CK), ‘Izod’, and ‘Arrow’) for $3 billion in cash
Pous, Terri. “We, the Underdressed: A Brief History of Discrimination and Indifference in Fashion Retail.” Style.time.com. Time Style, 22 May 2013. Web. 15 January 2014.
Pride, William M., Hughes Robert J., Kapoor Jack R. Business. Publisher: Boston: Houghton Mifflin Co. 8th edition.
Kenney Paul, Alison. “2014 Retail Industry Outlook.” The Wall Street Journal. Jan 7, 2014. Web.
"DealBook." DealBook Pricewaterhouse Takeover of Booz Risks Culture Clash Comments. N.p., n.d. Web. 21 Nov. 2013.
Demuth, Erin. “Small businesses draw buyers in with popular merchandise.” The Post Star. 28 Nov 2006
Rayner, C. (2013, September 26). H&M fashions profits from low-end retail strategy [Video file]. Retrieved from http://www.businessweek.com/videos/2013-09-26/h-and-m-fashions-profits-from-low-end-retail-strategy
Stylekick | Blog. 2016. #PFW F/W 2014 – Anthony Vaccarello Show | Stylekick | Blog. [ONLINE] Available at: http://www.stylekick.com/blog/pfw-fw-2014-anthony-vaccarello-show/. [Accessed 22 November 2016]
I believe that if Levi’s had recognized the market demands the time it start to change and
From selling purely ladies’ footwear, Charles and Keith expanded their range of products to include ladies’ bags and accessories in order to cater different demands of the customers. Charles and Keith owns a team of designers that come out with new products regularly and the company has their own R&D team frequently travels to fashion cities to get in touch with the latest design and trend (Singapore Press Holdings, 2009).