Coronavirus

Canada Goose loss deepens as coronavirus shutters stores

The company bolstered its direct-to-consumer strategy, increasing investment in e-commerce, and will concentrate its store openings in mainland China, where business appears to be recovering at a faster pace from COVID-19.

Brooks Brothers poised to be acquired by Authentic Brands-Simon venture

Brand-licensing company WHP Global Inc. has bowed out of the race for Brooks Brothers Inc., according to people familiar with the matter, leaving a venture backed by apparel-licensing firm Authentic Brands Group LLC and mall owner Simon Property Group Inc. poised to take control of the bankrupt retailer.