Make a difference in our non-profit newsroom... and help Marketplace meet our year-end goal! Donate Today 💙

Brooks Brothers files for bankruptcy

Jul 8, 2020
The 200-year-old company has been hit hard by the pandemic. But suit sales have been on the decline for years.
A Brooks Brothers store in downtown Los Angeles in 2010. Formal menswear was struggling before the pandemic.
Robyn Beck/AFP via Getty Images