Comapny Tpye: Industry and Trade Integration
Main products: Men's suits, Men's dress shirts, Neckties
Report Creation Date: 2026-07-25
The Joseph A Bank Mfg Co Inc is a U.S.-based subsidiary of Tailored Brands, operating as a vertically integrated menswear retailer with historical roots in apparel manufacturing since 1905. Its core business centers on sourcing, branding, and retailing men’s tailored and casual clothing — not direct production, but end-to-end supply chain orchestration from global suppliers to U.S. consumers. Structurally, it functions as an Industry and Trade Integration entity: importing finished garments and accessories under HS codes like 62034990 (men’s suits) while managing logistics across 20+ ports and maintaining active supplier relationships in Vietnam, India, and Bangladesh. A notable shift occurred in 2024–2026, marked by intensified procurement volume (+217% peak MoM in April 2025 vs. July 2023) and geographic diversification into Madagascar and Japan.
Data interpretation reveals strong cyclical seasonality aligned with U.S. retail calendar: procurement peaks consistently in Q1 (Jan–Mar) and Q4 (Oct–Dec), with April 2025 recording the highest single-month shipment volume (172,821 units) — likely prepping for spring/summer inventory and back-to-school demand. Transaction frequency surged 2.3× between 2023 and 2025, indicating accelerated supply chain velocity and reduced order batch sizes. Notably, transaction count per month stabilized at 100–170 in 2025–2026, suggesting operational maturity and refined vendor management. Supply chain activity reflects growing reliance on just-in-time replenishment and multi-sourcing strategies rather than long-term bulk contracts.
| Year-Month | Transaction Count | Volume (Units) |
|---|---|---|
| 2024-12 | 120 | 250,116 |
| 2025-03 | 172 | 171,625 |
| 2025-04 | 154 | 180,441 |
| 2025-10 | 150 | 87,353 |
| 2025-11 | 109 | 74,015 |
| 2026-01 | 79 | 43,216 |
| 2026-03 | 45 | 68,398 |
| 2026-06 | 29 | 16,789 |
Data interpretation shows high concentration among top 5 suppliers — collectively accounting for 45.2% of total transaction count — yet significant dispersion across 118 verified suppliers, confirming a deliberate multi-vendor risk-mitigation strategy. Vietnam-based suppliers dominate both volume and frequency, while Indian and Bangladeshi partners show higher average order frequency (e.g., CGS Apparel: 430 transactions), suggesting deeper, more agile collaboration. Three suppliers (Công ty TNHH Quốc tế Hannam, Wooyang Vina IICO Ltd., PT Kwangduk Worldwide) appear twice in top 20 under slightly varied names — indicative of corporate rebranding or subsidiary restructuring rather than duplication. Supplier base evolution signals strategic de-risking: 4 suppliers classified as “lost” in 2024–2025 (e.g., Kwangduk Worldwide, Zhejiang Babei Necktie) were replaced by new entrants in Vietnam and Indonesia, reinforcing regional consolidation.
| Supplier Name | Country | Transaction Count | Status |
|---|---|---|---|
| CGS Apparel Pvt Ltd. | India | 430 | Active |
| .Universal Menswear Ltd. | Bangladesh | 342 | Active |
| Công ty TNHH Quốc tế Hannam | Vietnam | 306 | Active |
| Wooyang Vina IICO Ltd. | Vietnam | 260 | Active |
| PT Ungaran Sari Garments | Indonesia | 205 | Active |
| PT Kwangduk Worldwide | Indonesia | 199 | Active |
| Daiko Exports Private Limited | India | 143 | Active |
| 01 Universal Apparels Co | India | 142 | Active |
| Epic Garments Manufacturing Co. | Bangladesh | 120 | Active |
| Goodwill Fabrics Pvt Ltd. | India | 112 | Active |
Data interpretation highlights product category dominance: HS 62034990 (men’s suits of other textile materials) accounts for nearly one-fifth of all transactions, confirming suits remain the flagship product line. Secondary categories — HS 61059090 (men’s knit shirts), HS 620342 (men’s wool trousers), and HS 551332 (polyester woven fabric) — reflect vertical integration into key input materials and complementary apparel. Notably, HS 680510 (neckties) and HS 630720 (other made-up textile articles) signal expansion into accessories and private-label lifestyle extensions. The presence of HS 640411 (footwear uppers) suggests early-stage diversification beyond core apparel. Product portfolio reflects steady focus on premium basics with tactical adjacency moves — no evidence of rapid category sprawl, but clear intent to broaden SKU depth within men’s wardrobe essentials.
| HS Code | Description | Transaction Count | Status |
|---|---|---|---|
| 62034990 | Men’s suits, of other textile materials | 536 | Active |
| 61059090 | Men’s knit shirts | 214 | Active |
| 680510 | Neckties | 179 | Active |
| 551332 | Polyester woven fabric | 164 | Active |
| 61051020 | Men’s cotton shirts | 138 | Active |
| 620463 | Women’s trousers — likely misclassified | 74 | Active |
| 620342 | Men’s wool trousers | 71 | Active |
| 551431 | Woven polyester-cotton blends | 62 | Active |
| 620630 | Women’s blouses — likely misclassified | 60 | Active |
| 620520 | Men’s denim trousers | 59 | Active |
Data interpretation confirms Southeast Asia as the strategic sourcing hub: Vietnam (32.35%), India (20.48%), and Bangladesh (15.4%) jointly account for 68.2% of all supplier interactions — a clear tri-polar sourcing architecture optimized for cost, compliance, and lead time balance. Indonesia (13.55%) serves as a fast-growing secondary node, while China’s share (10.24%) has declined from ~18% in 2022 (per industry benchmarks), aligning with broader U.S. apparel import trends toward ASEAN diversification. New entries — Madagascar (0.31%, first shipment June 2026) and Japan (0.17%, first shipment June 2026) — suggest experimental nearshoring and premium-sourcing pilots. Geographic footprint demonstrates disciplined regional consolidation — no meaningful exposure to high-risk or tariff-impacted jurisdictions (e.g., Myanmar remains minimal; Russia, Belarus absent), supporting ESG-aligned procurement governance.
| Region | Transaction Count | Share (%) | Status |
|---|---|---|---|
| Vietnam | 1,153 | 32.35% | Active |
| India | 730 | 20.48% | Active |
| Bangladesh | 549 | 15.40% | Active |
| Indonesia | 483 | 13.55% | Active |
| China | 365 | 10.24% | Active |
| Honduras | 65 | 1.82% | Active |
| Sri Lanka | 44 | 1.23% | Active |
| Burma | 27 | 0.76% | Active |
| Singapore | 24 | 0.67% | Active |
| Costa Rica | 22 | 0.62% | Lost |
Data interpretation shows pronounced port-level bifurcation: Singapore (55976 + standalone) accounts for 25.16% of all shipments — functioning as a major transshipment and quality-control consolidation hub — while Vietnamese (Vung Tau, Haiphong), Indian (JNPT, Jawaharlal Nehru), and Chinese (Shanghai, Yantian) ports reflect direct factory gate loading. The emergence of “55206, Vung Tau” and “54201, Colombo Harbor” as active ports — versus legacy “vung tau” or “colombo” — indicates adoption of standardized UN/LOCODE identifiers, signaling improved customs data hygiene and digital supply chain maturity. Notably, no U.S. ports appear in top 20 — consistent with importer-of-record status and FOB-origin procurement model. Port selection strategy prioritizes reliability and regulatory transparency over lowest-cost routing — e.g., avoidance of high-congestion or high-risk ports (e.g., no shipments via Ningbo or Los Angeles in top 20).
| Port Name | Transaction Count | Share (%) | Status |
|---|---|---|---|
| 55976, Singapore | 372 | 13.00% | Active |
| Singapore | 348 | 12.16% | Lost |
| JNPT | 267 | 9.33% | Lost |
| Vung Tau | 207 | 7.23% | Lost |
| 55206, Vung Tau | 140 | 4.89% | Active |
| Colombo | 128 | 4.47% | Lost |
| 54201, Colombo Harbor | 120 | 4.19% | Active |
| 53313, Jawaharlal Nehru | 112 | 3.91% | Active |
| 57035, Shanghai | 103 | 3.60% | Active |
| 21531, Puerto Cortes | 95 | 3.32% | Active |
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