Jamie Salter, Chairman and CEO of Authentic Brands Group LLC. Norm Betts | Bloomberg | Getty Images He helped save Barney’s from liquidation last year and plucked retailers Brooks Brothers and denim clothing maker Lucky Brand from bankruptcy this month – just warming up for Jamie Salter. “I’m in the …
Read More »Mall owner Simon and Authentic Brands bid $ 305 million for Brooks Brothers
A pedestrian wearing a mask passes a Brooks Brothers store closed during the COVID-19 crisis on May 6, 2020 in Vancouver, Canada. Andrew Chin | fake pictures A company known as Sparc LLC, which is comprised of American mall owner Simon Property Group and apparel licensing firm Authentic Brands Group, …
Read More »JC Penney Gets More Time From Lenders In Search Of Survival
An empty parking lot is seen outside a closed JC Penney Co. store on Mt. Juliet, Tennessee, Thursday, April 16, 2020. Luke Sharrett | Bloomberg | fake pictures JC Penney will fire nearly 1,000 employees as he works out a plan with his lenders to emerge from bankruptcy. The struggling …
Read More »Brookfield, other US mall owners rent parking lots during a pandemic
A drive-in theater is installed in the parking lot of Brookfield’s Park Meadows shopping center in Lone Tree, Colorado, just outside of Denver. Source: Kilburn Parking lots, of all places, are becoming major sources of income for some mall owners during the coronavirus pandemic. Brookfield Properties has signed an agreement …
Read More »Fit: Match, a virtual adaptation experience, moves to Brookfield shopping malls
Fit: Match will launch a handful of slots this fall with Brookfield, which owns malls like Brookfield Place in downtown New York and Fashion Show in Las Vegas, the companies announced Tuesday. Source: Brookfield Tired of going to the dressing rooms to try on clothes and find your correct size? …
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