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Brooks Brothers Files For Bankruptcy
After 202 Years Of Business

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Posted By: Pluperfect, 7/9/2020 4:58:47 AM

Brooks Brothers, one of the United States’ oldest and most prestigious retailers, filed for Chapter 11 bankruptcy Wednesday after 202 years, CNBC reported. The retailer, credited with dressing 40 U.S. presidents since its founding in 1818, had already been burdened with rising rent when it was devastated by the coronavirus pandemic, which sunk the company’s potential sale, according to CNBC. “Over the past year, Brooks Brothers’ board, leadership team, and financial and legal advisors have been evaluating various strategic options to position the company for future success, including a potential sale of the business,” a company spokesman said.

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Reply 1 - Posted by: DCGIRL 7/9/2020 5:20:01 AM (No. 472009)
I like their clothing line but they are over priced.
12 people like this.

Reply 2 - Posted by: Enoch Powell 7/9/2020 5:56:50 AM (No. 472019)
Now I’m really mad. At the evil chinee and our power mad governors. As others have said, this shutdown is the most egregious governmental blundering in the nation’s history.
14 people like this.

Reply 3 - Posted by: Mizz Fixxit 7/9/2020 6:33:55 AM (No. 472039)
With bankruptcy and mass employee terminations pending, Brooks Brothers jumped on board with black lives matter in June. https://amgreatness.com/2020/06/25/brooks-brothers-letter-supports-blm-plan-to-disrupt-the-nuclear-family-and-dismantle-cisgender-privilege/
15 people like this.

Reply 4 - Posted by: anniebc 7/9/2020 6:52:02 AM (No. 472057)
Get woke, go broke.
29 people like this.

Reply 5 - Posted by: Calvinesq 7/9/2020 7:07:45 AM (No. 472072)
Bezos sees his monopoly become greater. Hey Jeff: Time to print more scary stories in the Wash Post. to get rid of more retailers
16 people like this.

Reply 6 - Posted by: Daisymay 7/9/2020 8:19:27 AM (No. 472155)
Who needs a Suit when you work from Home?
15 people like this.

Reply 7 - Posted by: stablemoney 7/9/2020 8:47:03 AM (No. 472175)
I don't think I am going to bother to dress up to go to a store and stand outside waiting to get in, then following arrows like an idiot, and wearing a mask I cannot breathe through, same at work. Maybe a hazmat uniform would be more appropriate. No need for makeup either. Actually, I think I won't bother to go at all.
12 people like this.

Reply 8 - Posted by: BillW. 7/9/2020 9:02:59 AM (No. 472195)
Good comments under this piece 3. Thanks. Vets for Trump 2020 https://amgreatness.com/2020/06/25/brooks-brothers-letter-supports-blm-plan-to-disrupt-the-nuclear-family-and-dismantle-cisgender-privilege/
7 people like this.

Reply 9 - Posted by: JL80863 7/9/2020 9:07:24 AM (No. 472200)
They were poorly managed before the current COVID-19 crisis which now is the final straw breaking their back.
5 people like this.

Reply 10 - Posted by: sanspeur 7/9/2020 9:52:12 AM (No. 472246)
they are owned by the son of the Italian man who owns Luxottica . the huge eyeglass mfg . When the Italians took over the iconic US company BB they were astonished to find out American men wear shirts in specific collar & sleeve sizes ! Their entire appriach was very wrong with that simple fact throughout their lines . Everything was for euro teeny , even the female items . From that ground floor ignorance comes this debacle . They don’t know & serve this market .
7 people like this.

Reply 11 - Posted by: hershey 7/9/2020 10:09:34 AM (No. 472263)
Get woke, go broke...too bad, so sad...
7 people like this.

Reply 12 - Posted by: snowoutlaw 7/9/2020 10:27:22 AM (No. 472284)
Should switch to making custom masks.
3 people like this.

Reply 13 - Posted by: Jethro bo 7/9/2020 10:50:01 AM (No. 472308)
So 202 years of hard work, planning investing, risk taking and delivering a product people want is destroyed by our goobernment in less than 5 months. Thats the power of goobernment to destroy in action.
6 people like this.

Reply 14 - Posted by: DVC 7/9/2020 10:55:54 AM (No. 472315)
Few care how they dress any more, the majority of people are total slobs, all the time.
6 people like this.

Reply 15 - Posted by: RuckusTom 7/9/2020 11:14:36 AM (No. 472334)
Who? /s
2 people like this.

Reply 16 - Posted by: LadyVet 7/9/2020 11:24:48 AM (No. 472348)
I am just crazy 'bout a sharp-dressed man. But as long as they keep making Wranglers and cowboy boots, I'll be fine.
5 people like this.

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