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Brooks Brothers is a high-end luxury American fashion company founded in 1818 that is the oldest apparel brand in continuous operation in the United States. [2] Originally a family business, it is currently owned as a joint venture between Authentic Brands Group and Simon Property Group.
In 1977, the conglomerate executed a major expansion with acquisition of the 27 store Ann Taylor women's fashion store chain and 73 Catherine's Stout Shoppe stores, a chain specializing in large size fashion apparel. The former was acquired that year for $14 million and the latter for $23.4 million.
Brooks Sports, Inc., also known as Brooks Running, is an American sports equipment company that designs and markets high-performance men's and women's sneakers, clothing, and accessories. Headquartered in Seattle, Washington, Brooks products are available in 60 countries worldwide. It is a subsidiary of Berkshire Hathaway. [2] [3] [4]
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