ECONOMIC INTERPENETRATION / (eu) distribution

British retailer MARKS & SPENCER has announced the sale of BROOKS BROTHERS, one of its two subsidiaries in the United States, to American RETAIL BRAND for the sum of $225 million. The latter groups the brands "Casual Corner Group" (women's wear), "Carolée" (jewellery) and "Adrienne Vittadini" (women's clothing and accessories). The assets sold employ 3,800, have 155 shops in the United States, 65 in Japan and 12 franchises throughout the world. The turnover reached EUR 717.1 million for the...