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24/7 Wall St.: America's Oldest Brands

5. Brooks Brothers Ready-to-Wear Suit

Industry: Retail

Year launched: 1845

Brooks Brothers was founded in 1818 by Henry Sands Brooks, with the first store located in New York City. The company made the first ready-to-wear suits in 1849, and it has sold them ever since. The company notes that those flocking to California in the 1849 Gold Rush could not wait for tailors for custom clothing, relying on Brooks Brothers for their suit needs. Today, the New York-based company has approximately 200 stores in North America and an additional 130 stores in other parts of the globe. The company has greatly expanded its offerings since 1849 too, selling formal and casual wear for men, women and children.

(AP Photo/Richard Drew)

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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