I don’t follow this industry enough to know whether I care about this news. I was married in a Brooks Brothers suit, and wore the same woolen suit for years. Is the company we’re reading about here the same one that made my suit? (I’m pretty sure that, at some point, it was owned by guys named “Brooks” and not “Del Vecchio”.) Getting bankruptcy protection means they’re continuing to make whatever kind of clothes they make now.
If the bankruptcy fails, the creditors will get the assets, a big one of which is the brand “Brooks Brothers”. I will almost certainly be able to buy another Brooks Brothers suit in the future, even if not from Signore Del Vecchio.
I’m pretty sure I don’t care about this news.