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Bankrupt Brooks Brothers Could Have a Bidding War on its Hands

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Multiple contenders are said to be circling bankrupt Brooks Brothers. As of now, potential suitors for the American clothier are facing an Aug. 5 deadline to submit their offers, and a small but promising list of reported candidates could mean a bidding war lies ahead. Final objections and a court hearing slated for mid-August. According…

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