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Brooks Brothers Plans Expansion in Greater China

Brooks Brothers Group Inc. and Walton Brown Group, a subsidiary of The Lane Crawford Joyce Group, have announced a joint venture which seeks to accelerate Brooks Brother’s growth throughout the Greater China region.

The 50/50 joint venture, with an initial term of 10 years commencing January 2016, will take over the management of Brooks Brothers’ existing retail network of 90 stores in the territory and will activate a strategic expansion plan to open more than 10 points of sale in the first two years across key cities in China, Hong Kong, Macau and Taiwan.

Read more at Rivet.

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