Marks & Spencer to Delay Sale of Brooks Brothers Until Mid-October

New York–The terrorist attacks on Sept. 11 have delayed the sale of upscale men’s apparel cataloger/retailer Brooks Brothers, part of London-based retailer Marks & Spencer, until mid-October. The bidding process, which was supposed to end Sept. 14, has now been extended to Sept. 21. Reportedly, the list of bidders for Brooks Brothers includes May Co., Tommy Hilfiger, Retail Brand Alliance, formerly Casual Corner Group, Ralph Lauren, and Men’s Wearhouse.

The delay in the sale isn’t the only fallout for Brooks Brothers as a result of the tragic events. The company has three stores in Manhattan, including one at One Church Street, near the World Trade Center. That store is being used as a morgue for victims of the terrorist attacks.

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