Article: Men's Wearhouse acquires license for three Botany clothing labels.(Botany 500)

NEW YORK - The Men's Wearhouse has acquired the license for one of the most, venerable brands in the tailored clothing business - Botany 500.

This confirms reports in DNR on Aug. 10, Page 1.

Under the terms of the agreement, which was signed with the McGregor division of Samsonite Corp., Men's Warehouse now has the exclusive use of the Botany, Botany 500 and Botany Couture labels for suits, sport coats and formalwear in North America.

Formerly the Botany tailored clothing license was held in-house by The 500 Fashion Group, a division of McGregor.

As a result of the move, The 500 Fashion Group will close its doors by the end of the year, ...

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