Headlines

Who Gives This Bride?

FTC says Men’s Wearhouse is free to complete its acquisition of After Hours Formalwear from Federated

Published

17 years ago

March 26, 2007

admin1

The Federal Trade Commission has terminated its review of the acquisition by The Men’s Wearhouse Inc. (Houston) of the After Hours Formalwear business from Federated Department Stores Inc. (Cincinnati). The two retailers now anticipate the transaction closing on or before April 9, 2007.

After Hours is the largest men's formalwear chain in the United States, operating 507 stores in 35 states under After Hours Formalwear and Mr. Tux banners. It was acquired by Federated as part of the acquisition of The May Department Stores Co. (St. Louis) in 2005. After Hours also has an exclusive relationship with the 169-store David's Bridal chain. That exclusivity will remain effective after the acquisition and will be extended to Men's Wearhouse and Moores store brands.

The After Hours sale will complete the divestiture of Federated's bridal group division.

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design