Men’s Wearhouse Finalizes Abboud Buy

Men's Wearhouse has completed its acquisition of JA Apparel Corp and the American clothing brand Joseph Abboud, which was founded by Men’s Wearhouse’s current chief creative director.

Men's Wearhouse purchased the brand and its parent company for $97.5 million in cash. JA Holding will operate as a wholly owned subsidiary of Men's Wearhouse.

For more details on the deal, click here.