Brooks Brothers Is the Latest Retailer to File for Bankruptcy Protection
Men's clothing retailer Brooks Brothers is the latest apparel company to seek Chapter 11 protection in a string of retail failures due to COVID-19.
Brooks Brothers is the iconic American menswear maker that has been dressing U.S. presidents since its founding in 1818. It touts itself as the oldest U.S. clothing retailer, and it has endured such style changes as ready-made suits and the introduction of button-down Polo shirts, as well as a closure due to the Civil War.
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Source Fool.com