Dickson Ends Brooks Brothers Partnership in Asia

on June 23 2015 | in Retail | by | with No Comments

Hong Kong apparel retailer Dickson Concepts announced that it will not renew its license to sell the Brooks Brothers brand in Asia.

Dickson entered into an exclusive franchise agreement with Brooks Brothers in the late 1990s and the license will expire on December 31. Brooks Brothers will buy back the assets and pay for an amount for goodwill.

Brooks Brothers has global ambitions, but it has had a rocky time with international markets.

image credit: brooks brothers

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