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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.
Epstein's would later close; Sealfon's, another upscale, regional New Jersey department store, opened in its place in 1994. [8] That store also went out of business. The space was eventually subdivided and in its place opened a flagship Brooks Brothers and Anthropologie, Monmouth County's first. Peloton opened a store in 2021. [9]
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.
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