United States  

Brooks Brothers finds suitors in $325M sale

CBS News Wednesday, 12 August 2020
At least 125 of the New York-based clothier's retail locations will remain open as part of the deal.
0
shares
ShareTweetSavePostSend
 

💡 One News Page Knowledge: Other News Mentions

Brooks Brothers Clothing retailer

Buyer Emerges For Brooks Brothers [Video]

Buyer Emerges For Brooks Brothers

Brooks Brothers announced that Authentic Brands Group and SPARC Group LLC were the winning bidders for the suiting company. Business Insider reports that Brooks Brothers filed for Chapter 11 bankruptcy last month. ABG and SPARC increased its initial offer of $305 million to $325 million. They agreed to keep at least 125 retail locations operating. The group have previously worked together to purchase distressed retailers like Aeropostale and Juicy Couture.

Credit: Wochit News    Duration: 00:29Published

New York City New York City Largest city in the United States

Restaurant workers carry coffin to Cuomo's office

Hundreds of New York City restaurant workers and owners marched to New York Gov. Andrew Cuomo's office in Manhattan Monday to demand that restaurants be allowed..
USATODAY.com

NYC Woman Loses It When Asked to Wear Mask on Subway, Racial Tensions Flare

America's public health concerns and racial strife are colliding in NYC ... where a Black woman's refusal to put on a mask turned into an ugly, super-tense scene..
TMZ.com

Coronavirus cases spike in 29 states as flu season approaches

The number of new coronavirus cases is on the rise in many states, including one of the country's original epicenters, New York. At least 29 states have seen an..
CBS News
Protesters in Manhattan demand more indoor dining [Video]

Protesters in Manhattan demand more indoor dining

Hundreds of protesters marched in New York's Midtown Manhattan toward the governor's office, calling for indoor dining to be raised to at least 50% capacity. Restaurant owners also called for more federal relief funds.

Credit: Reuters Studio    Duration: 01:33Published

Alexandria Ocasio-Cortez rips Trump over his tax returns

"Donald Trump has never cared for our country more than he cares for himself. A walking scam," the New York congresswoman tweeted.
CBS News

You Might Like


Tweets about this