Published: November 03, 2009
JoS. A. Bank Clothiers Launches Its New Website
HAMPSTEAD, Md. - (BUSINESS WIRE) - JoS. A. Bank Clothiers, Inc. (NASDAQ Global Select Market: "JOSB")
announces the recent launch of its new e-commerce website.
The new site includes many customer-friendly features such as larger
images, product photos with zoom-in functionality that allows fine
details to be seen, plus advanced product search functionality, such as
searching by size, that makes shopping more efficient. In addition, the
site accepts new forms of payment such as Bill Me Later and allows
customers to ship their orders to any JoS. A. Bank store for convenient
pick up. The new site also supports many of the creative promotional and
sale events that were previously offered only in the Company's retail
stores.
R. Neal Black, President and CEO of JoS. A. Bank, stated: "When we
launched our previous site in 2001, we won an award for being able to
sell men's
tailored clothing on the web. As we developed this new site, we
spoke to our customers and they told us what they wanted in order to
improve their shopping experience. The result is a customer-friendly,
state-of-the-art site which is faster and easier to use, and which
includes richer and more detailed content. We think we have designed
another award-winning site for our customers and a better way to
purchase men's
apparel over the Internet. While we will continue to fine-tune the
site to maximize its capabilities, we have already experienced better
conversion rates and we believe the enhanced site will help us continue
to expand our Internet sales."
JoS. A. Bank worked with Rosetta, the largest independent interactive
agency in the country, to customize and install IBM WebSphere Commerce
software as the platform for the site. Chris Kuenne, Chairman and CEO of
Rosetta stated: "JoS. A. Bank is a leader in multi-channel retailing. We
were able to create a unique application that is available to their
customers via the public website and we helped to integrate the site
into their point-of-sale system to serve customers in their 470 retail
stores."
To access the new JoS. A. Bank website, go to www.josbank.com.
JoS. A. Bank Clothiers, Inc., established in 1905, is one of the
nation's leading designers, manufacturers and retailers of men's
classically-styled tailored and casual clothing, sportswear, footwear
and accessories. The Company sells its full product line through 470
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, including negative changes to consumer confidence and
other recessionary pressures, 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,
legal matters and other competitive factors. The identified risk factors
and 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 January 31, 2009 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.
JoS. A. Bank Clothiers, Inc., Hampstead, Md.
David E. Ullman
EVP/CFO
410-239-5715
or
Investor Relations Information Request Website (http://phx.corporate-ir.net/phoenix.zhtml?c=113815&p=irol-inforeq),
or
Investor Relations Voicemail, 410-239-5900
E-commerce Address
for JoS. A. Bank Clothiers, Inc.:
www.josbank.com
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