Brooks Brothers Up for Grabs

New York–In an attempt to reverse its sagging fortunes, U.K.-based cataloger/retailer Marks & Spencer (M&S) has put its Brooks Brothers division up for sale. Marks & Spencer had bought the men’s apparel cataloger/retailer in 1987 for $750 million. M&S also plans to pull out of continental Europe, sell its Kings Super Markets chain, and fold its U.K. catalog business.

Last week, Reuters reported that upscale cataloger/retailers Saks and Nieman Marcus Group were among those considering bidding for Brooks Brothers.

Partner Content

The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.
Strategies for Maximizing Mobile Point-of-Sale Technology - NetSuite
Learn the top five innovative ways to utilize your mobile POS technology to drive customer engagement, increase sales and elevate your brand.