February 01, 2015 10:05 PM ET

Specialty Retail

Company Overview of Brooks Brothers Group, Inc.

Company Overview

Brooks Brothers Group, Inc. operates as a retailer of clothes. The company offers apparel, including dress shirts, sport shirts, ties, blazers, suits, outerwear, sport coats and vests, sweaters, formalwear, dress trousers, casual pants, polos, rugbys and tees, shorts, underwear and socks, sleepwear, and swimwear; and shoes and accessories, such as shoes, belts, wallets and small accessories, luggage, watches, hats, scarves and gloves, pocket squares and handkerchiefs, tie and collar accessories, cuff links, fragrance, pens and stationery, gifts, sunglasses, umbrellas, golf products, books and audio products, underwear, and socks for men and boys. It also provides non-iron dress shirts, dress...

100 Phoenix Avenue

Enfield, CT 06083

United States

Founded in 1818

Phone:

860-741-0771

Fax:

860-745-9714

Key Executives for Brooks Brothers Group, Inc.

Chief Executive Officer
Age: 57
Chief Financial Officer
Chief Operating Officer
Chief Marketing Officer and Executive Vice President
Chief Information Officer
Compensation as of Fiscal Year 2014.

Brooks Brothers Group, Inc. Key Developments

Brooks Brothers to Open over 15 Stores in GCC Region

Brooks Brothers is expected to open 15-20 outlets in the GCC region over the next five years. Brooks Brothers' presence in the region comes as a result of a partnership agreement with Jashenmal Group.

Brooks Brothers Appoints Zac Posen as Creative Director Women's Collection and Accessories

Brooks Brothers announced that Zac Posen has been named Creative Director for its signature Women's collection and accessories. In this new role, Mr. Posen will direct the current Brooks Brothers design and merchant teams and will be responsible not only for the women's collection but will also affect a variety of areas including brand development and presentation for the women's label.

OrotonGroup Limited to Form Joint Venture with Brooks Brothers

OrotonGroup Limited signed a joint venture agreement with Brooks Brothers Group, Inc. to develop the Brooks Brothers brand in Australia and New Zealand. Under the terms of the agreement, OrotonGroup and Brooks Brothers intend for the JV to operate for an initial term of ten years with a five year renewal option. OrotonGroup may choose, or be required by Brooks Brothers, to exit the joint venture for fair market value after five years in certain circumstances. There are also event of default exit rights, including upon a change of control. OrotonGroup will hold a 51% stake in the JV. As a part of the transaction, the first four-eight stores and department store concessions are expected to open at the beginning of 2014 with further stores and a local online store to follow soon after.

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