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Brooks Brothers Said to Weigh Outright Sale or Bankruptcy

One of the Oldest US Retailers Hired Investment Bank PJ Solomon Last Year to Explore Strategic Options
Brooks Brothers, the 202-year-old retailer, is said to be considering a sale and/or bankruptcy. (Phillip Pessar/Flickr)
Brooks Brothers, the 202-year-old retailer, is said to be considering a sale and/or bankruptcy. (Phillip Pessar/Flickr)
By Jennifer Waters
CoStar News
May 2, 2020 | 1:14 P.M.

Brooks Brothers, the venerable apparel maker that has survived myriad wars and other pandemics, may have met its match with the new coronavirus. The self-proclaimed oldest retailer in the United States is said to be looking to a sale to cure its financial woes.

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