USA: Ralph Lauren Bids For M&S's Brooks Brothers
Polo Ralph Lauren has successfully made it to the second round of bidding for Brooks Brothers, the menswear clothing chain owned by the UK's Marks & Spencer. Other bidders include: May Department Stores; Mens Warehouse; Retail Brand Alliance Group; Texas Pacific, the leveraged buyout specialist which owns J Crew and Bally shoes; Bain Capital, a Boston-based venture capital firm and Dickson Concepts, the Hong Kong-based retailer which already operates Brooks Brothers franchises in south-east Asia.
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