JoS. A. Bank Clothiers Makes Advance Announcement of This Year’s After Thanksgiving Friday Doorbusters Focusing on Luxury C...
24 Novembre 2008 - 12:00PM
Business Wire
JoS. A. Bank Clothiers, Inc. (Nasdaq Global Select Market: "JOSB")
announces its plan for this year�s Black Friday Doorbusters. The
annual Black Friday Doorbuster event will be held for seven hours
only on Friday, November 28 from 6:00 a.m. to 1:00 p.m. in its more
than 450 full-line stores nationwide. In addition, the items will
be offered online at www.josbank.com beginning at 5:00 a.m. on
Thanksgiving Day and running through Black Friday at 1:00 p.m.
Based on the consumer�s demand for value in this tough economy and
the early announcements by other major U.S. retailers, Jos. A. Bank
is making an advance announcement of its plans for Black Friday.
The Black Friday Doorbuster event will feature its luxurious 100%
pure cashmere sweaters, blazers, bomber jackets, top coats and
scarves. With an emphasis on luxury at a great value, the items
offered are as follows: 1. Cashmere V-neck Sweaters, Regular $275
--- Sale $79 2. Cashmere Blazers, Regular $595 --- Sale $199 3.
Cashmere Bomber Jackets, Regular $625 --- Sale $199 4. Cashmere Top
Coats, Regular $895 --- Sale $299 5. Solid Color Cashmere Scarves,
Regular $120 --- Sale $29 6. Wool/Cashmere Suits Regular $550 ---
Sale $139 The JoS. A. Bank cashmere fabrics are made of the finest
yarns of 100% pure cashmere to provide the perfect warmth and most
luxurious softness. �Every year we plan to offer several of our
most desired items and price them to offer tremendous savings for a
limited time on the day after Thanksgiving,� stated R. Neal Black,
President of Jos. A. Bank Clothiers. �When planning this year, we
wanted to offer extremely low prices on luxury items, and planned
to offer all of our doorbusters in 100% cashmere, the world�s most
luxurious fabric for very compelling values. Announcing these items
and prices early, as other national retailers have done, will allow
our customers to plan their shopping day on the Friday after
Thanksgiving,� continued Mr. Black. The exclusive Jos. A. Bank
products have the following extensive details: Cashmere Sweaters
100% pure cashmere Softest 2-ply V-neck style in 18 colors Finest
Mongolian cashmere Fully fashioned shoulders Ribbed cuffs and
bonded bottoms � Cashmere Blazers 100% pure cashmere Soft shoulders
Fully lined Available in 2 or 3 button 7 colors � Cashmere Bomber
Jacket 100% pure cashmere Diamond quilted lining Button front
closure w/zipper Available in 3 colors � Cashmere Top Coats 100%
pure cashmere Extraordinary detail Finely tailored Classic 3 button
styling Extra pockets Available in 4 colors � Cashmere Scarves 100%
pure cashmere 6 Solid Colors Ultimate in luxury and warmth �
Wool/Cashmere Suits 6 Colors 2 button center vent jacket Pleated
front trousers JoS. A. Bank Clothiers, Inc., established in 1905,
is one of the nation's leading retailers of men's
classically-styled tailored and casual clothing, sportswear,
footwear and accessories. The Company sells its full-line products
in more than 450 stores in 42 states and the District of Columbia,
a nationwide catalog and an e-commerce website that can be accessed
at www.josbank.com. The Company is headquartered in Hampstead, Md.,
and its common stock is listed on the Nasdaq Global Select Market
under the symbol "JOSB." The Company's statements concerning future
operations contained herein are forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Actual results may differ materially from those forecast due
to a variety of factors outside of the Company's control that can
affect the Company's operating results, liquidity and financial
condition. Such factors include risks associated with economic,
weather, public health and other factors affecting consumer
spending, higher energy and security costs, the successful
implementation of the Company's growth strategy including the
ability of the Company to finance its expansion plans, the mix and
pricing of goods sold, the effectiveness and profitability of new
concepts, the market price of key raw materials such as wool and
cotton, seasonality, merchandise trends and changing consumer
preferences, the effectiveness of the Company's marketing programs,
the availability of suitable lease sites for new stores, doing
business on an international basis, the ability to source product
from its global supplier base, litigations and other competitive
factors. Other factors and risks that may affect the Company's
business or future financial results are detailed in the Company's
filings with the Securities and Exchange Commission, including the
Company's Annual Report on Form 10-K for the year ended February 2,
2008 and the Company's subsequent Quarterly Reports on Form 10-Q
filed through the date hereof. These cautionary statements qualify
all of the forward-looking statements the Company makes herein. The
Company cannot assure you that the results or developments
anticipated by the Company will be realized or, even if
substantially realized, that those results or developments will
result in the expected consequences for the Company or affect the
Company, its business or its operations in the way the Company
expects. The Company cautions you not to place undue reliance on
these forward-looking statements, which speak only as of their
respective dates. The Company does not undertake an obligation to
update or revise any forward-looking statements to reflect actual
results or changes in the Company's assumptions, estimates or
projections. These risks should be carefully reviewed before making
any investment decision.
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