Brooks Brothers
Historic American tailor. Dressed 40 US presidents including Lincoln.
Status: Avoid
- Founded
- 1818
- HQ
- USA
- Manufacturing
- Various
- Ownership type
- Brand licensing (ABG-style)
- Parent
- Authentic Brands Group / SPARC Group (Catalyst Brands operator)
- Acquired
- 2020 (ABG via SPARC out of bankruptcy)
Ownership
Bought out of bankruptcy for $325M in 2020 by SPARC Group (ABG + Simon Property Group joint venture). Now operated through Catalyst Brands, whose shareholders include ABG, Simon, Brookfield, and Shein.
Why Avoid
ABG licensing model. Launched 'B by Brooks Brothers' diffusion line through Macy's using polyester and viscose blends. Flagship tier and outlet tier now carry the same logo despite entirely different construction and materials.
Sister brands under Authentic Brands Group / SPARC Group (Catalyst Brands operator)
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