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A Second Fashion Acquisition Deal Is On the Verge of Collapse

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

More than one month after agreeing to take over British men’s wear chain Moss Bros, Brigadier Acquisition, the owner of U.K.-based apparel retailer Crew Clothing, has applied to retract the offer. In a regulatory filing, 169-year-old Moss Bros said Brigadier was seeking to cancel the 22.6 million pound ($27.9 million) deal by invoking a material…

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