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Brooks Brothers files for bankruptcy

Add another retail/fashion company to the list of those filing for bankruptcy.

Brooks Brothers filed this morning, listing its assets and liabilities as ranging between $500 million and $1 billion, according to a story by WWD.

Even during today’s difficult retail economy, Brooks Brothers is getting a few looks from suitors. The WWD story said those interested in acquiring the business include Authentic Brands Group in partnership with Simon Property Group and Brookfield Property Partners, as well as a newly formed brand management firm.

Related Photos
A Brooks Brothers store.

A Brooks Brothers store.

<figure><img src="//cdn2.newsok.biz/cache/r960-36382c732bf08eb0b7ab6b3bfff4a2d5.jpg" alt="Photo - A Brooks Brothers store." title="A Brooks Brothers store."><figcaption>A Brooks Brothers store.</figcaption></figure>
Linda Miller

Linda Miller always has loved makeup and fashion, especially shoes and handbags. She admits to owning more lipsticks and glosses than many makeup artists, but she's not giving up a single tube. When she got the opportunity to move from... Read more ›

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