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JAN 28, 2013 - Business Insider

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Why The Core Of Jos. A Bank's Business Model Is Giving Tons Of Suits Away For Free (JOSB)

In the apparel industry, most companies are known for their clothes. Suitmaker Jos. A Bank, however, is best known for its outrageous promotions. But these popular promotions may be losing their effectiveness. Shares of Jos. A Bank are getting punished today after the company announced a shocking warning regarding its recent financial performance.  In their own words: However, many of the promotional items and a large part of our holiday assortment were items that sell best in cold weather and the weather was unseasonably warm. Historically, we have had strength with these types of ... Read More

Tags: Why The Core Of Jos. A Bank's Business Model Is Giving Tons Of Suits Away For Free (JOSB),  Best Buy Latest News