Earlier this week, Brooks Brothers closed its store in Downtown Los Angeles, where it had maintained a presence since 1939.
The LA Downtown News (which I used to do some writing for), covered the closing, writing:
Claudio Del Vecchio, the chairman and CEO of New York-based Brooks Brothers, said the store closed because the company had intended to open an 11,000-square-foot location in developer Related Cos. $3 billion Grand Avenue project. That remains on hold due to the difficult lending environment.
“The delay of the Grand project coincided with the expiration of our current lease at Figueroa Street and unfortunately we were unable to reach an agreement with the landlord,” Del Vecchio said in an email to Los Angeles Downtown News. “It is never an easy decision to close a store and we hope to return to Downtown L.A. We are actively searching for alternate locations in the event that the Grand doesn’t come to fruition.”
The photo above is of an employee scraping the Brooks Brothers logo off the window.
Brooks continues to run a large emporium on Rodeo Drive in Beverly Hills. — CC