JoS. A. Bank Clothiers Teams with Leading E-Commerce Retailer QVC

JoS. A. Bank Clothiers Teams with Leading E-Commerce Retailer QVC

HAMPSTEAD, Md.--(BUSINESS WIRE)--Oct. 11, 2004--JoS. A. Bank Clothiers, Inc. a premiere menswear retailer (Nasdaq National Market: "JOSB") announces that it has teamed with QVC, Inc. to establish a JoS. A. Bank "virtual" storefront on QVC's e-commerce site, QVC.com, and will offer more than 500 men's apparel and accessory items to QVC's shoppers.


Today on the PM Style segment which airs from 8:00 PM to 10:00 PM Eastern Time, QVC is scheduled to offer a selection of the JoS. A. Bank men's clothing line on its television shopping channel, which is broadcast to more than 86 million American households. Products will include JoS. A. Bank's popular stain-resistant Traveler line of cotton polos and khakis as well as its wrinkle-free Traveler dress shirt.

"This relationship will provide a unique shopping 'store' for our apparel brand," said Robert N. Wildrick, Chief Executive Officer of JoS. A. Bank Clothiers, Inc. "QVC, through its award-winning shopping channel and website, has the ability to reach customers in many parts of the country. The relationship with QVC is a significant extension of our multi-channel concept, especially our rapidly-expanding e-commerce business."

"We're excited to include a men's clothing and accessory line into our variety of product categories," said Robert Myers, Vice President of Merchandising for QVC.com. "JoS. A. Bank offers an impressive collection of men's apparel and accessories that we believe our customers will enjoy."

To access the JoS. A. Bank storefront at the QVC e-commerce site, visit www.QVC.com or to access the JoS. A. Bank e-commerce site, visit www.josbank.com.

About QVC, Inc.

QVC, Inc. a $5 billion company, is an e-commerce leader, marketing a wide variety of brand name products in such categories as home furnishings, licensed products, fashion, beauty, electronics and fine jewelry. QVC reaches over 86 million homes in the United States. Other divisions/subsidiaries include QVC.com, Q Direct, Q Records and Video, QVC @, QVC Local, QVC ProductWorks. The QVC Studio Tour is located at the company's world headquarters in West Chester, PA.

About JoS. A. Bank Clothiers, Inc.

JoS. A. Bank Clothiers, Inc., established in 1905, is one of the nation's leading retailers of men's classically-styled tailored and casual clothing, sportswear, footwear and accessories. The Company sells its full product line through 242 stores in 36 states and the District of Columbia, a nationwide catalog, and an e-commerce website that can be accessed at www.josbank.com. The Company is headquartered in Hampstead, MD, and its common stock is listed on the Nasdaq National Market under the symbol "JOSB".

The Company's statements concerning future operations contained herein are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those forecast due to a variety of factors outside of the Company's control that can affect the Company's operating results, liquidity and financial condition such as risks associated with economic, weather, public health and other factors affecting consumer spending, the ability of the Company to finance its expansion plans, the mix and pricing of goods sold, the market price of key raw materials such as wool and cotton, availability of lease sites for new stores, the ability to source product from its global supplier base and other competitive factors. These cautionary statements qualify all of the forward-looking statements the Company makes herein. The Company cannot assure you that the results or developments anticipated by the Company will be realized or, even if substantially realized, that those results or developments will result in the expected consequences for the Company or affect the Company, its business or its operations in the way the Company expects. The Company cautions you not to place undue reliance on these forward-looking statements, which speak only as of their respective dates, and assumes no obligation to update any of the forward-looking statements. These risks should be carefully reviewed before making any investment decision.

Contacts


JoS. A. Bank Clothiers, Inc.
David E. Ullman, EVP/CFO, 410-239-5715
or
QVC, Inc.
Brandon Hamm
484-701-8748
Brandon_hamm@qvc.com
or
E-commerce Address for JoS. A. Bank Clothiers, Inc.:
www.josbank.com



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