Men’s Wearhouse Inc. (NYSE:MW), the suit retailer that rejected a $2.3 billion offer from Jos. A. Bank Clothiers Inc., may bid for Allen Edmonds Corp., a closely held shoemaker, according to a person familiar with the matter.
An acquisition of Allen Edmonds won’t deter Jos. A. Bank’s pursuit of Men’s Wearhouse, said another person familiar with Jos. A. Bank’s thinking, who asked not to be identified because the matter is private. Jos. A. Bank, based in Hampstead, Maryland, considers Allen Edmonds a good fit for itself and for Men’s Wearhouse, the person said.