Gordon Brothers Supplies $20MM Term Loan to Brooks Brothers
Gordon Brothers provided a $20 million secured term loan facility to Brooks Brothers Group, an American apparel retailer headquartered in New York.
Gordon Brothers provided a $20 million secured term loan facility to Brooks Brothers Group, an American apparel retailer headquartered in New York.
Gordon Brothers released an article providing a perspective on the economic impacts of the coronavirus pandemic. The article was written by Alex Sutton, managing director and head of research at Gordon Brothers.
Gordon Brothers appointed Evren Ozargun managing director of corporate development and credit. Ozargun previously served at Crystal Financial, Wells Fargo Retail Finance and The Ozer Group.
Gordon Brothers acquired the Laura Ashley brand, archives and related intellectual property from the Laura Ashley group’s U.K. administrators.
Gordon Brothers successfully sold Bench, a British streetwear brand, to Wraith, an affiliate of Apparel Brands Limited, for all territories outside of the Americas. Apparel Brands Limited is currently one of Bench’s primary European licensees.
Gordon Brothers appointed Steven Holstein head of business development. Holstein previously served at Folio Financial, Covestor/Interactive Brokers, Guardian, MassMutual Financial Group and Fidelity Investments.
Gordon Brothers launched its Industry Brief, which gives an up-to-the-minute assessment of what the firm’s inventory, machinery and equipment, and intangibles experts see happening in multiple markets.
Chris Carmosino, president of valuations at Gordon Brothers, outlines how to tackle the valuation process from home and spoke about the pandemic’s potential long-term effects on performing valuations, consumer behaviors and M&A activity.
Gordon Brothers appointed Laurence Sax chief operating officer. Sax previously served at Alvarez & Marsal, NHB Advisors, PricewaterhouseCoopers and Fidelity Investments.
Nicole Crafts is exiting its retail operations by retaining the retail and real estate divisions of Gordon Brothers to close its A.C. Moore stores as part of a broader strategic plan. The Michaels Companies will assume leases for up to 40 stores.