Pharrell Williams and Comme des Garçons in Scent Deal
Singer Pharrell Williams is partnering with Comme des Garçons to launch a scent for men and women. The fragrance will be called Girl, which is also the title of Williams’ new album. “As one of my favorite designers once said, ‘Comme des Garçons is your favorite designers’ favorite designer…the top of the top, the best of the best. I am so honored to be working with Comme des Garçons and cherish the education that I’ve experienced in this collaboration,” Williams said. Adrian Joffe, CEO of Comme des Garçons Parfums, said Williams “knew exactly what he wanted the perfume to smell like right from the beginning. It has been an honor to work with such a creative artist with a great vision.” More details will be unveiled later this spring, and the scent is slated to debut in September.
Men’s Wearhouse Set to Buy Jos. A. Bank
Finally, the bidding war is over! Men’s Wearhouse and Jos. A. Bank have reached an agreement. Men’s Wearhouse will purchase Jos. A. Bank for $65 a share, or $1.8 billion. “We are pleased to have reached this agreement with Jos. A. Bank, which we believe will deliver substantial benefits to our respective shareholders, employees and customers,” said Doug Ewert, president and CEO of Men’s Wearhouse. He also added, “Together, Men’s Wearhouse and Jos. A. Bank will have increased scale and breadth, and Jos. A. Bank’s strong brand and complementary business model will broaden our customer reach. We expect the transaction will be accretive to Men’s Wearhouse’s earnings in the first full year.”
Toms will Sell Coffee
Blake Mycoskie, the founder of Toms Shoes, has announced his company has plans to expand into the coffee business. The new brand is called Toms Roasting Co. and will take part in Toms’ one-for-one initiative, which gives away a product for each one it sells. The company, whose plan is to one day open coffee shops, will give away clean water for each cup of coffee sold.
– Claire Mykrantz
Source: WWD, New York Times
Image: WWDSee the Top Ten Summer 2016 Trends for Women Over 40
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