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Simon Has Now Sued Brooks Brothers and Gap for $74.6M in Unpaid Rent

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

The rent is coming due in retail. Simon Property Group, the nation’s largest mall operator, filed its second lawsuit seeking unpaid rent, this time against embattled Brooks Brothers for more than $8.7 million. Simon is looking to collect rent from the classic American clothier for the April through June stretch when stores were shut down…

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