Brooks Brothers is the oldest mens clothier in the United States and is headquartered on Madison Avenue in Manhattan, New York City. Founded in 1818 as a family business, the privately owned company is owned by the Italian billionaire, Claudio Del Vecchio, and now also features clothing for women. On April 7, 1818, at the age of forty-five, Henry Sands Brooks (1772–1833) opened H. & D. H. Brooks & Co. on the northeast corner of Catherine and Cherry streets in Manhattan. He proclaimed that his guiding principle was, "To make and deal only in merchandise of the finest body, to sell it at a fair profit, and to deal with people who seek and appreciate such merchandise." In 1833, his four sons, Elisha, Daniel, Edward, and John, inherited the family business and in 1850 renamed the company "Brooks Brothers." In its early history, Brooks Brothers was known for introducing the ready-to-wear suit to American customers. In the mid-nineteenth century, Brooks Brothers outfitted United States President Abraham Lincoln and considered him a loyal customer. At his second inauguration, Abraham Lincoln wore a coat specially crafted for him by Brooks Brothers. Hand-stitched into the coats lining was a design featuring an eagle and the inscription, "One Country, One Destiny." He was wearing the coat and a Brooks Brothers suit when he was assassinated. Brooks Brothers also profited from slavery by manufacturing and selling clothes made specifically for slaves to wear. As a supplier of soldiers' uniforms during the Civil War, Brooks Brothers became a target of outrage for its allegedly shoddy production. With a contract from New York state to supply uniforms for the New York Volunteers, Brooks Brothers took shredded and sometimes decaying rags, glued them together and stitched them into uniforms. They would fall apart in the rain and were the subject of ridicule from other regiments.