In support of its yearly prom initiative, Men’s Wearhouse (NYSE: MW) has announced a donation of at least $1 million to support education through its Cash for Schools program. The donation will be tied to Men’s Wearhouse tux rentals and will benefit high schools across the nation.
Schools that participate in Cash for Schools will receive a $5 donation for each tuxedo rented for their prom from Men’s Wearhouse, with the company committed to donating $1 million or more to 5,000 schools throughout the country.
All high schools are eligible to sign up for the Cash for Schools program online at www.mwpromnation.com/cash4schools.
In addition to the Cash for Schools program, Men’s Wearhouse is strengthening its commitment to supporting schools and inspiring up-and-coming entrepreneurs with its Prom Rep program. This is a platform where students can earn a free tux or suit for their prom as well as cash and prize rewards for getting their peers to rent prom tuxes at Men’s Wearhouse. This year, the prom rep program includes new prizes and incentives, including Apple® eGift Cards, $1,000 cash for prom, and one grand prize of $10,000 to the rep with the most paid-in-full referrals at the end of the campaign (June 30, 2013). Students can download the Prom Rep mobile app on iTunes.“As the largest tuxedo rental service company in North America, we’re uniquely positioned to give back to the education system and ease the financial burden teens and parents face each prom season by offering affordable yet stylish tux options,” said Sam Stogner, Senior Vice President of Store Operations at Men’s Wearhouse. “This year, we’re expanding our prom offering, adding resources, contests, and school donations to ensure that prom night is memorable.” To complement its affordable tuxedos and new line of accessories that allow teens to dress according to their personal style, Men’s Wearhouse is launching unique digital tools that help streamline the prom-planning process for teens, parents, and teachers.