NEW YORK — Brooks Brothers will close its Fifth Avenue store early next year and focus its attention on revamping the Madison Avenue flagship while searching for other satellite locations in the New York City market.
“We will leave [Fifth Avenue] in January,” said Claudio Del Vecchio, chairman and CEO of Brooks. “That fits in with our strategy for having one flagship in Manhattan, not two.”
The 24,000-square-foot, two-level unit at 666 Fifth Avenue at 53rd Street was opened by prior management in 1999. It has more of a focus on women’s wear and sportswear than the more-traditional, 40,000-square-foot Madison Avenue store.
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