JoS. A. Bank Clothiers Promotes Frank J. Barbarino to Senior Vice President and General Merchandise Manager
25 Avril 2012 - 12:00PM
JoS. A. Bank Clothiers, Inc. (Nasdaq:JOSB) is pleased to announce
that Frank J. Barbarino has been promoted to Senior Vice President
and General Merchandise Manager. Mr. Barbarino will continue to
lead the Company's Tailored Clothing Department and adds Sportswear
and Furnishings to his responsibilities. Mr. Barbarino will oversee
all product design, manufacturing and sourcing; and all retailing
of the Company's merchandise lines. Mr. Barbarino assumed his new
roles effective April 15, 2012.
Mr. Barbarino, 47, is one of the most respected merchandising
executives in the tailored clothing industry. Mr. Barbarino joined
JoS. A. Bank in 1999 and has held a variety of increasingly
important merchandising positions, including, most recently, Vice
President for Tailored Clothing. Prior to his tenure at JoS. A.
Bank, he had extensive experience in the retail industry, mostly in
men's clothing. Mr. Barbarino holds a Bachelor's Degree in
Business Administration from the Queens College, City University of
New York.
Mr. Barbarino will continue to report to Company Executive Vice
President and Chief Merchandising Officer James W. Thorne. Mr.
Thorne stated: "I have worked with Frank for nearly thirteen years
and he has been instrumental in developing many of the Company's
most innovative, successful new products such as our Joseph line of
modern suits, the Tailored Fit and Slim Fit suit lines, as well as
the high-end Signature Gold suit line. By promoting Frank, we
have taken an important step towards insuring our future
growth."
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 558 stores in 43 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."
Our 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 forecasted due to a variety of factors
outside of our control that can affect our 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 our growth
strategy, including our ability to finance our 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 our marketing programs, including
compliance with relevant legal requirements, the availability of
suitable lease sites for new stores, doing business on an
international basis, the ability to source product from our global
supplier base, legal and regulatory matters and other competitive
factors. The identified risk factors and other factors and risks
that may affect our business or future financial results are
detailed in our filings with the Securities and Exchange
Commission, including our Annual Report on Form 10-K for the year
ended January 28, 2012. These cautionary statements qualify
all of the forward-looking statements we make herein. We cannot
assure you that the results or developments anticipated by us will
be realized or, even if substantially realized, that those results
or developments will result in the expected consequences for us or
affect us, our business or our operations in the way we expect. We
caution you not to place undue reliance on these forward-looking
statements, which speak only as of their respective dates. We do
not undertake an obligation to update or revise any forward-looking
statements to reflect actual results or changes in our assumptions,
estimates or projections. These risks should be carefully reviewed
before making any investment decision.
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
CONTACT: JoS. A. Bank Clothiers, Inc., Hampstead, Md.
David E. Ullman
EVP/CFO
410-239-5715
Jos. A. Bank Clothiers (NASDAQ:JOSB)
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