Skip to main content
Advertising

Originally published February 1, 2014 at 3:15 PM | Page modified February 2, 2014 at 9:21 AM

  • Share:
           
  • Comments (5)
  • Print

Report: Eddie Bauer in sale talks with men’s suit retailer

The retailer Jos. A. Bank Clothiers is in talks to buy Bellevue-based Eddie Bauer as part of its strategy in the running takeover battle between Banks and rival suit merchant Men’s Wearhouse, the Wall Street Journal reported Saturday.


By Seattle Times staff

Most Popular Comments
Hide / Show comments
It would be sad to lose a great Northwest brand to a merger with a company as... MORE
370 stores and 500 employees? They are running lean, 1 employee per store and 130 in... MORE
That's been fixed, Gunndawg; thanks for pointing it out. It was meant to say 500... MORE

advertising

The retailer Jos. A. Bank Clothiers is in talks to buy Bellevue-based Eddie Bauer as part of its strategy in the running takeover battle between Bank and rival suit merchant Men’s Wearhouse, the Wall Street Journal reported Saturday.

Eddie Bauer, founded in Seattle in 1920, has about 370 stores in the U.S. and Canada. It had about 500 headquarters employees as of June 2012, when it named Michael Egeck as president.

The outdoor clothing retailer was acquired out of bankruptcy five years ago by San Francisco private equity firm Golden Gate Capital.

Golden Gate last fall backed the bid by Jos. A. Bank to buy Men’s Wearhouse, the Journal reported. The latter retailer turned around and proposed buying Jos. A. Bank, but neither bid has been accepted.

Last month Men’s Wearhouse upped its offer for Jos. A. Bank to $1.61 billion, or $57.50 per share.

The Journal, which cited people familiar with the discussions, said it had no details about the possible deal for Eddie Bauer.

Eddie Bauer’s corporate office was closed on Saturday and a spokesperson could not be reached for comment.

Information from Seattle Times archives is included in this report.



News where, when and how you want it

Email Icon

Seattle Sketcher Book

Seattle Sketcher Book

Due to popular demand, the pre-sale price of $29.95 is extended until October 5!

Advertising

Advertising


Advertising
The Seattle Times

The door is closed, but it's not locked.

Take a minute to subscribe and continue to enjoy The Seattle Times for as little as 99 cents a week.

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Subscriber login ►