Brooks Brothers

Brooks Brothers flagship.

Retail

All Change at Brooks Brothers: Flagship in Flux, New Designer Near

New owners, ABG and SPARC, are negotiating with former Brooks Brothers owner Claudio Del Vecchio on the lease of the flagship, while Michael Bastian is in the running to be the designer.

clock September 18, 2020Jean E. Palmieri

Men's Wearhouse

Mens Retail Business

What to Watch: Independent Retailers May Benefit From Big Store Bankruptcies

Smaller stores may find customers are more likely to shop local to help support their communities.

clock September 3, 2020Jean E. Palmieri

Tailored Brands casualwear

Mens Retail Business

What to Watch: Can Tailored Clothing Rebound From Pandemic Downturn?

Most men’s brands and stores are hoping for pent-up demand, but the category will need to be updated for comfort and performance.

clock September 3, 2020Jean E. Palmieri

August 08, 2020: An overall view of a Mid-Town street corner with a person holding a store closing sign as business struggle to stay in business in Manhattan, New York. Mandatory credit: Kostas Lymperopoulos/CSM (Credit Image: © Kostas Lymperopoulos/CSM via ZUMA Wire) (Cal Sport Media via AP Images)

Legal

Retail Workers Face Rough Road in Corporate Bankruptcies

Store employees face a disproportionate burden of job insecurity and loss of vital benefits, and tend to lack a strong voice in the process.

clock September 2, 2020Sindhu Sundar

work from home

Legal

Exiting Bankruptcy

Some major retailers who filed for Chapter 11 during the pandemic are moving onward after a trip in court during an extraordinary time.

clock August 31, 2020Sindhu Sundar

The Brooks Brothers Madison Ave. flagship., photographed on April 19, 2018 in New York.

Legal

Brooks Brothers to Proceed With $325M Sale to SPARC Group

The centuries-old retailer will be sold to SPARC, the ABG-Simon Property Group joint venture, but vendors and employees ponder their future.

clock August 14, 2020Sindhu Sundar

The Brooks Brothers Madison Ave. flagship., photographed on April 19, 2018 in New York.

Retail

‘Big-Name Designer’ Among the Changes Expected for Brooks Brothers

A creative with a strong background in sportswear will be hired before the end of the year, according to new owner, ABG’s Jamie Salter.

clock August 14, 2020Jean E. Palmieri

Jamie Salter

Mergers and Acquisitions

Jamie Salter, the $12 Billion Man

The founder and ceo of Authentic Brands Group submitted the winning bid late Tuesday to purchase Brooks Brothers for $325 million.

clock August 11, 2020Jean E. Palmieri

The Brooks Brothers Madison Ave. flagship., photographed on April 19, 2018 in New York.

Legal

Brooks Brothers Heads Toward Sale Auction

An auction to consider bids to purchase the bankrupt retailer has been pushed to Tuesday.

clock August 10, 2020Sindhu Sundar

The Brooks Brothers Madison Ave. flagship., photographed on April 19, 2018 in New York.

Legal

ABG Group to Be Stalking Horse at Brooks Brothers Auction

A Delaware bankruptcy court affirmed the $305 million offer by Sparc Group as the stalking-horse bid.

clock August 3, 2020Sindhu Sundar

Brooks Brothers Spring 2013 Menswear

Mergers and Acquisitions

Italian Investor Eyeing Collaboration With American Group on Brooks Brothers

Luciano Donatelli, who has been spearheading a group of investors under the Club Deal 8 moniker to buy the storied American retailer, believes an alliance with a group that has knowledge of the American market is key.

clock August 3, 2020Luisa Zargani

CD8

Financial

Club Deal 8 Said Eyeing Bid on Brooks Brothers on Aug. 4

The group of Italian investors will compete with the likes of Authentic Brands Group and WHP Global.

clock July 24, 2020Luisa Zargani

Brooks Brothers

Retail

ABG Group Becomes Stalking Horse for Brooks Brothers

The company, through its Sparc Group, offered a $305 million going-concern bid.

clock July 23, 2020Jean E. Palmieri

Brooks Brothers

Retail

Brooks Brothers Seeks to Sell Southwick Facility for $14M

The men’s wear brand’s bankrupt entities are seeking to sell the manufacturing facility in Massachusetts.

clock July 22, 2020Sindhu Sundar

Brooks Brothers RTW Fall 2019

Mergers and Acquisitions

Group of Italian Investors Eyeing Brooks Brothers

Club Deal 8 is keen on protecting the storied men’s wear brand, developing an online business and expanding key categories.

clock July 19, 2020Luisa Zargani

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Essentialist

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Police officers gather in the area of a knife attack near the former offices of satirical newspaper Charlie Hebdo, Friday Sept. 25, 2020 in Paris. Paris police say they have arrested a man suspected of a knife attack that wounded at least two people near the former offices of satirical newspaper Charlie Hebdo. Police initially thought there were two attackers but now say there was only one.  (AP Photo/Thibault Camus)

Business

Paris 'Stabbing Attack' Near Old Charlie Hebdo Offices Wounds 2 People

clock 2hJennifer Weil

Social Studies