Today the sale of Brooks Brothers went before a judge, while this evening news broke that Brooks Brothers has sold the Haverhill, MA Southwick factory.
Eastern Real Estate will buy the building and 21 acres of the property for $14 million.
Brooks Brothers filed for bankruptcy six weeks ago.
Two other firms – the mall owner Simon Properties and Authentic Brands – have bought Brooks Brothers.
It’s unclear what the sale means for the 400 people who work at Southwick. Their union sent a letter to the CEO of Authentic Brands asking him to save the factory and keep manufacturing in the U.S., but so far, there’s been no response.
Those workers are the last of their kind. If they must exit, may their farewell footsteps trod proudly upon a bittersweet rainbow. — CC