At least a quarter of Brooks Brothers’ brick-and-mortar stores could be saved from the dustbin if a judge approves a $325 million bid from Simon Property Group and Authentic Brands Group on Friday to purchase the 200-year-old retailer out of Chapter 11 bankruptcy protection.
Brooks Brothers Accepts $350 Million Bid That Would Keep 125 Stores Open
Simon, Authentic Brands Boost Purchase Price for Iconic Clothing Brand in Bankruptcy
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IN THIS ARTICLE
- Companies
- Authentic Brands Group LLC
Retailer