Brooks Brothers might be the next major retailer to go through bankruptcy. Authentic Brands Group and Simon Property Group are in talks to buy the chain if it files for Chapter 11, according to Bloomberg. Simon, the biggest mall landlord in the country, has a strong interest in keeping its major tenants alive, while Authentic has a history of buying established brands in tough situations. High-end retailers like Brooks Brothers were facing a tough market
source https://therealdeal.com/2020/06/15/is-brooks-brothers-the-next-retail-bankruptcy/
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