Macys Signs License Agreement with Mens Wearhouse for In-Store Tuxedo Rental Shops | Reuters

Macys Indicators License Agreement with Mens Wearhouse for In-Retailer Tuxedo Rental RetailersTuxedo rentals to be integrated into Macys comprehensive wedding ceremony and unique occasion capabilityMacys, Inc. (NYSE:M) right now announced that it has signed an agreement with Mens Wearhouse to open licensed tuxedo rental retailers inside of 300 Macys shops nationwide. These Macys-branded shops will be operated by Mens Wearhouse and staffed by its skilled formalwear experts in focused room positioned in or close to the mens department in Macys stores. They will be fully integrated in Macys storewide wedding ceremony expertise, and assistance Millennial merchandising techniques connected to proms and other special events. Macys is far better in a position than any other retailer to aid customers with a broad selection of requirements associated to particular events, and specifically wedding couples, their households and pals at this important milestone period in lifestyle. Macys and Mens Wearhouse will work together to provide further ease and simplicity for our clients even though offering the latest trends in rental tuxedos, which includes prestige designer brand names and some variations exclusive to Macys. The consumer purchasing expertise will be enhanced by Mens Wearhouses specialized and skilled support, explained Tim Baxter, Macys chief merchandising officer. We see weddings and particular occasions as strategic growth possibilities for Macys. We are previously properly acknowledged for our wedding ceremony and present registry, and we proceed to create our organization in engagement and wedding ceremony rings, wedding ceremony party fits and dresses, sneakers, add-ons, trend jewellery, presents and other categories. Tuxedo rental is the subsequent element in building Macys specific occasion capability. Programs get in touch with for the 1st 17 Macys Tuxedo Retailers to open in fall https://www.facebook.com/amazingweddinghk/posts/931968186852011 - - 2015 in the New Jersey, San Francisco and Houston markets, with a rollout to 300 stores by fall 2016. Macys and Mens Wearhouse also will collaborate to produce a digital tuxedo rental store https://www.facebook.com/amazingweddinghk/posts/935346879847475 - - on macys.com. Macys Tuxedo Stores will be backed by the Mens Wearhouse reservation and group management technique that enables clients to effortlessly make and manage reservations and track the status of rentals by other people in a wedding party. Mens Wearhouse will be the exclusive provider of tuxedo rentals to Macys, though Macys will continue to promote tuxedos from its own mens assortment. About Mens WearhouseFounded in 1973, Mens Wearhouse is one of North America's largest specialty retailers of men's apparel with 1,758 retailers. The Mens Wearhouse, Jos. A. Bank, Moores and K&ampG stores carry a total selection of fits, sport coats, furnishings and add-ons in exclusive and non-unique merchandise brand names and Mens Wearhouse and Tux stores carry a restricted choice. Most K&ampG retailers carry a total assortment of womens apparel. Tuxedo rentals are obtainable in the Mens Wearhouse, Jos. A. Bank, Moores and Mens Wearhouse and Tux stores. Furthermore, Mens Wearhouse operates a global corporate apparel and workwear group consisting of Twin Hill in the United States and Dimensions, Alexandra and Yaffy in the United Kingdom. About MacysMacys, Inc., with corporate offices in Cincinnati and New York, is 1 of the nations premier merchants, with fiscal 2014 income of $28.105 billion. The business operates about 885 shops in 45 states, the District of Columbia, Guam and Puerto Rico under the names of Macys, Bloomingdales, Bloomingdales Outlet and Bluemercury, as nicely as the macys.com, bloomingdales.com and bluemercury.com web sites. Bloomingdales in Dubai is operated by Al Tayer Group LLC below a license agreement. All statements in this press release that are not statements of historical truth are forward-looking statements inside of the that means of the Personal Securities Litigation Reform Act of 1995. This kind of statements are primarily based on the present beliefs and expectations of Macys management and are subject to significant risks and uncertainties. Real final results could vary materially from individuals expressed in or implied by the forward-searching statements contained in this release simply because of a assortment of aspects, including problems to, or alterations in the timing of, proposed transactions, prevailing curiosity costs and non-recurring costs, competitive pressures from specialty merchants, standard merchandise retailers, off-cost and low cost retailers, manufacturers shops, the World wide web, mail-buy catalogs https://www.facebook.com/amazingweddinghk/videos/vb.184152381633599/931971450185018/ - - and tv shopping and general consumer spending ranges, which includes the affect of the availability and level of customer debt, the impact of climate and other factors recognized in paperwork filed by the firm with the Securities and Exchange Commission. (NOTE: Added details on Macys, Inc., like past information releases, is obtainable at www.macysinc.com/pressroom). View source model on businesswire.com: http://www.businesswire.com/information/home/20150610006344/en/Macys, Inc.MediaJim Sluzewski, 513-579-7764orInvestorMatt Stautberg, 513-579-7780 href='http://www.reuters.com/article/2015/06/10/oh-macys-inc-idUSnBw106344a+100+BSW20150610' - http://www.reuters.com/article/2015/06/10/oh-macys-inc-idUSnBw106344a+one hundred+BSW20150610 -