Many independent men's wear retailers have struggled in recent years, in part to the expansion of large chain stores like Nordstrom's at the upper end of the market and The Men's Wearhouse at the lower end of the market. Meanwhile, Michael David Ltd. has experienced steady growth and finds business to be very good. We feel strongly that this growth has been and will continue to be driven by our focused business philosophy. Regardless of what business you are in, we feel there are three essential ingredients to long term success. First, you must offer your customers QUALITY PRODUCTS. Second, your product must be priced so that it represents FAIR VALUE. Third, and perhaps most importantly, you must provide your customer with absolutely THE BEST SERVICE they could imagine. For 28 years, we have operated every day by these three "golden rules," and as a result we have what we firmly believe is one of the finest, most loyal group of customers you could possibly imagine.