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4-Traders Homepage  >  Equities  >  Nyse  >  Men's Wearhouse Inc    MW

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The Men's Wearhouse, Inc. : Men's Wearhouse Website Redesign Elevates Shopping and Style

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05/14/2013 | 02:05pm CET

Menswear retailer adds style features and enhanced tools with new site

Men's Wearhouse (NYSE: MW) today announces the relaunch of its website, www.menswearhouse.com. The comprehensive site redesign includes upgrades and personalized features that improve the overall online shopping experience, from browsing to buying.

New features of the site include:

  • LOOKMAKER? - Style suggestions for wardrobe essentials
  • GUY'D LINES - Tips and advice to elevate a shopper's personal style
  • SHOPPING FILTERS - Easy filtering by size, price, color, style and more throughout the site
  • LOOKS AND OCCASIONS - Looks created by the expert fashion director at Men's Wearhouse, so shoppers can dress for anything life throws at them
  • MW RECOMMENDATIONS - Personalized product selections based on your individual browsing history

Men's Wearhouse plans to incorporate additional site functionality in the next six to eight months, including a new checkout experience, buy online and pick up in-store capabilities, international shipping, and even more personalization.

Men's Wearhouse President and CEO Doug Ewert said the revamped site was developed with an eye toward the increasing digital interest of the millennial shopper, and also the brand's in-store sales strategy of helping the customer put together an entire look that is customized and comes with the expert services offered at Men's Wearhouse.

"The new site elevates our company in the retail industry and reaffirms our commitment to technology and the importance of enriching the customer experience," Ewert said. "At Men's Wearhouse, we aim to offer world-class service to our customers, and our website is an extension of that commitment."

To experience the new website, visit www.menswearhouse.com.

About Men's Wearhouse

Founded in 1973, Men's Wearhouse is one of North America's largest specialty retailers of men's apparel, with 1,143 stores. The Men's Wearhouse, Moores and K&G stores carry a full selection of suits, sport coats, furnishings and accessories in exclusive and nonexclusive merchandise brands, and Men's Wearhouse and Tux stores carry a limited selection. Most K&G stores carry a full selection of women's apparel. Tuxedo rentals are available in the Men's Wearhouse, Moores, and Men's Wearhouse and Tux stores. Additionally, Men's Wearhouse operates a global corporate apparel and workwear group consisting of Twin Hill in the United States and Dimensions, Alexandra, and Yaffy in the United Kingdom. For additional information on Men's Wearhouse, please visit the company's websites at www.menswearhouse.comwww.mooresclothing.com, www.kgstores.com, www.twinhill.com, www.dimensions.co.uk, and www.alexandra.co.uk.

Mullen
Anna Sowa, 336-774-9312
ASowa@mullen.com


© Business Wire 2013
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Financials ($)
Sales 2016 3 528 M
EBIT 2016 224 M
Net income 2016 12,5 M
Debt 2016 1 634 M
Yield 2016 5,68%
P/E ratio 2016 73,17
P/E ratio 2017 7,56
EV / Sales 2016 0,64x
EV / Sales 2017 0,63x
Capitalization 613 M
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Consensus 
Mean consensus HOLD
Number of Analysts 7
Average target price 15,3 $
Spread / Average Target 20%
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Managers
NameTitle
Douglas Scott Ewert Chief Executive Officer & Director
William B. Sechrest Chairman
Bruce K. Thorn Chief Operating Officer & Executive Vice President
Jon W. Kimmins Chief Finance Officer, Treasurer & EVP
Sheldon I. Stein Independent Director
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