--- description: Men's clothing retailer Jos. A. Bank said Friday that it's buying Eddie Bauer's parent company Friday as a part of an $825 million deal. This... title: Jos. A. Bank is Buying Eddie Bauer in $825 Million Deal image: https://static.time.com/v3/assets/bltea6093859af6183b/bltc721792e5e27dba6/698a5b54929fadf43dbfd097/josabank.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9 ---  * [Business](/section/business/) # Jos. A. Bank is Buying Eddie Bauer in $825 Million Deal by [TIME Staff](/author/time-staff/) Feb 14, 2014 2:28 PM CUT  CHICAGO - MARCH 18: Suits are offered for sale at a Jos. A. Bank store March 18, 2009 in Chicago, Illinois. Jos. A. Bank Clothiers, Inc. has launched a "Risk Free Suit" promotion that promises to refund the price of a suit if the purchaser loses his job, and also allow him to keep the suit. (Photo by Scott Olson/Getty Images) CHICAGO - MARCH 18: Suits are offered for sale at a Jos. A. Bank store March 18, 2009 in Chicago, Illinois. Jos. A. Bank Clothiers, Inc. has launched a "Risk Free Suit" promotion that promises to refund the price of a suit if the purchaser loses his job, and also allow him to keep the suit. (Photo by Scott Olson/Getty Images)Getty Images—2009 Getty Images by [TIME Staff](/author/time-staff/) Feb 14, 2014 2:28 PM CUT Men’s clothing retailer Jos. A. Bank said Friday that it’s [buying](http://abcnews.go.com/Business/wireStory/jos-bank-buying-eddie-bauer-850m-deal-22512649 "undefined") Eddie Bauer’s parent company Friday as a part of an $825 million deal. This is bad news for Men’s Wearhouse, however, which has been trying to take over of the smaller Jos. A. Bank. In January, [Men’s Wearhouse put in a hostile bid of a $1.6 billion](http://money.cnn.com/2014/01/06/investing/mens-wearhouse-jos-a-bank/index.html?iid=EL "undefined") cash offer to Joss. A. Bank—which had [tried to buy Men’s Wearhouse for $2.3 billion last year.](http://money.cnn.com/2014/01/06/investing/mens-wearhouse-jos-a-bank/index.html?iid=EL "undefined") Both bids were rejected, although Men’s Wearhouse said it would come back with more money. The announcement sent Jos. A. Bank’s shares up 4 percent in pre-market trading. ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/archive/7025325/jos-a-bank-is-buying-eddie-bauer-in-825-million-deal/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/archive/7025325/jos-a-bank-is-buying-eddie-bauer-in-825-million-deal/"},"headline":"Jos. A. Bank is Buying Eddie Bauer in $825 Million Deal","datePublished":"2014-02-14T14:28:02.000Z","dateModified":"2026-03-15T23:15:49.230Z","description":"Men's clothing retailer Jos. A. Bank said Friday that it's buying Eddie Bauer's parent company Friday as a part of an $825 million deal. This...","url":"https://time.com/archive/7025325/jos-a-bank-is-buying-eddie-bauer-in-825-million-deal/","keywords":[],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/bltc721792e5e27dba6/698a5b54929fadf43dbfd097/josabank.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"TIME Staff","url":"https://time.com/author/time-staff/"}],"articleSection":"Business","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/bltc721792e5e27dba6/698a5b54929fadf43dbfd097/josabank.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"Men's Clothier Offers Recession Sale, Keep Suit For Free If Laid Off","caption":"Men's Clothier Offers Recession Sale, Keep Suit For Free If Laid Off","creditText":"Getty Images—2009 Getty Images","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/business/","name":"Business"}},{"@type":"ListItem","position":2,"item":{"@id":"https://time.com/archive/7025325/jos-a-bank-is-buying-eddie-bauer-in-825-million-deal/","name":"Jos. A. Bank is Buying Eddie Bauer in $825 Million Deal"}}]}] ```