Money in the bank

It seems that reports of the suit’s demise were premature. A recession and general, back-to-basics mood post-September 11th has put the starch back in a lot of shirts and the gray flannels back in a lot of offices. It’s not surprising then that a 97-year-old clothier is profiting from the traditional trend. Robert N. Wildrick, CEO of Jos. A. Bank Clothiers, recently discussed suit sales, store expansion and the firm’s doubling stock.

By Jon Goldstein

April 29, 2002