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Brooks Brothers -- the self-proclaimed oldest clothier in the U.S. -- filed for bankruptcy in July. Analysts say the suit dealer wasn’t able to keep up with modern men who often wanted styles that were cheaper and more functional. More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Visit the WSJ Video Center: https://wsj.com/video On Facebook: https://www.facebook.com/pg/wsj/videos/ On Twitter: https://twitter.com/WSJ On Snapchat: https://on.wsj.com/2ratjSM #WSJ #BrooksBrothers #RiseAndFall