SPARC, which stands for Simon Properties Authentic Retail Concepts, is a joint venture between Authentic Brands Group and Simon Property Group. A court hearing last Friday approved the sale of Brooks Brothers to SPARC Group, a joint venture between Authentic Brands Group and Simon Property Group, … U.S. apparel retailer Brooks Brothers said late Tuesday it is likely to be acquired by Authentic Brands Group LLC and SPARC Group LLC after they increased their offer to $325 million. Brooks Brothers Enters into $305 Million Stalking Horse Agreement with SPARC Group LLC Contacts Edelman for Brooks Brothers Arielle Patrick Allison McLarty brooksbrothers@edelman.com SPARC Group, a partnership between Authentic Brands Group and Simon Property Group, just acquired heritage American label Brooks Brothers for $325 million. …