Forever 21 owner closes Brooks Brothers deal for £249m

// Forever 21’s parent company completes £249 million acquisition of Brooks Brothers
// Authentic Brands Group has vowed to keep 125 stores out of its 200 stores in the US openForever 21 owner Authentic Brands Group (ABG) has completed its $325 million (£249 million) acquisition of menswear retailer Brooks Brothers.
ABG and US shopping centre owner Simon Property have together paid for the assets and vowed to keep 125 stores out of its 200 stores in the US open.
ABG owns Foreve