JoS. A. Bank Clothiers Launches Its New Website

Tue Nov 3, 2009 6:00am EST
 
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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

Copyright Business Wire 2009

 

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