JoS. A. Bank Clothiers Kicks Off 2010 Miracle Tie Campaign for Johns Hopkins Children’s Center
25 Octobre 2010 - 12:00PM
Business Wire
JoS. A. Bank Clothiers, Inc. (Nasdaq Global Select Market:
JOSB), in partnership with the Johns Hopkins Children’s Center
(“Hopkins Children’s Center”), today announces the kick off of its
annual Miracle Tie Collection program which benefits pediatric
patients at the Johns Hopkins Children’s Center.
The national program, now in its 15th year, raises money for
Hopkins Children's Center through sales of specially designed ties.
These ties are sold in all of the Company’s 498 JoS. A. Bank stores
and through its catalog and E-commerce website. JoS. A. Bank will
donate profits from the sale of these ties to Hopkins Children's
Center.
The Miracle Tie Collection includes 17 product offerings in nine
distinct designs. The design of the line of silk neckties was
inspired by the artwork of patients at Hopkins Children's Center.
This artwork represented drawings of the children's favorite
activities or things.
Profits donated by the Company through the sale of these ties
will go toward research and patient care at Hopkins Children's
Center. Since the program was established in 1995, JoS. A. Bank has
contributed approximately $700,000 to Hopkins Children's Center for
research and patient care.
“We are pleased to continue to be a part of this very worthwhile
event with the Johns Hopkins Children’s Center,” stated R. Neal
Black, CEO of JoS. A. Bank Clothiers, Inc. “The Miracle Tie program
provides an excellent opportunity for the Company to give back to
the community in a significant way. Further, it is especially
rewarding to be able to provide this financial support to these
children who are greatly in need of help,” continued Mr. Black.
“JoS. A. Bank’s Miracle Tie Collection® has changed lives at
Hopkins Children's Center,” says George Dover, M.D., director and
pediatrician-in-chief of the Johns Hopkins Children’s Center. “Each
Miracle Tie artist is filled with a tremendous sense of pride in
his or her work, and JoS. A. Bank should be proud of the difference
they have made to support pediatric patient care.”
Founded in 1912 as the children’s hospital of the Johns Hopkins
Medical Institutions, the Johns Hopkins Children's Center offers
one of the most comprehensive pediatric medical programs in the
country, treating more than 70,000 children each year. U.S. News
& World Report ranks Hopkins Children's Center among the top
ten children's hospitals in the nation. Hopkins Children's Center
is Maryland's largest pediatric hospital and is the only
state-designated Trauma center for children in Maryland. For more
information, please visit: www.hopkinschildrens.org.
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 498 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, financial condition and
operations. 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 30,
2010 and the Company's subsequent Quarterly Reports 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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