Marks and Spencer Group plc Acquires Brooks Brothers, Inc.

Brooks Brothers Inc. is a privately-held retailer that specializes in men's suits and outerwear. The privately-held clothier is nearly 200 years old and has a rich history selling clothing to government officials (from Abraham Lincoln to George H.W. Bush and Bill Clinton) and business executives. Brooks Brothers has recently been modifying its traditional image as it shifts the bulk of its sales to a younger generation. In addition to menswear, the private clothing retailer sells some women's items, shoes, and other accessories. Founded in 1818 by Henry Sands Brooks, Brooks Brothers Group, Inc. (formerly named Retail Brand Association) is now the parent company of Brooks Brothers Inc. Brooks Brothers Inc. is headquartered in New York, New York.