Oroton Group will introduce Australian shoppers to US fashion label Brooks Brothers, a 200-year-old brand that has clothed 39 American presidents, businessmen and celebrities, but will do so without its long-serving chief executive Sally Macdonald.

Ms Macdonald announced on Wednesday her departure from the retailer, which sells upmarket handbags, shoes and clothing. Her replacement will be Mark Newman, a 25-year veteran in the luxury apparel sector and, until recently, in charge of Oroton's Ralph Lauren licence and fashion range.

Coming soon: As many as 25 Brooks Brothers stores will be opened across Australia and NZ. Credit:Bloomberg

Only last week Oroton unveiled a shock profit downgrade, partly due to the removal of Ralph Lauren from its stable, which sent its shares tumbling 10 per cent lower.

The deal with Brooks Brothers will help plug some of the gap caused by the loss of the licence, with Mr Newman unveiling ambitious plans for the introduction of the brand in Australia and New Zealand, which will include as many as 25 stores being opened by 2019.