Being able to write funny copy can apparently make you rich: http://www.ebay.com/itm/131406614416?ru=http%3A%2F%2Fwww.ebay.com%2Fsch%2Fi.html%3F_from%3DR40%26_sacat%3D0%26_nkw%3D131406614416%26_rdc%3D1
& CC: @TakaiAstor & Black actually went into bankruptcy last year. One of their former salesmen bought out the company and just went on Shark Tank to try to get funding to restart and expand it.Spoiler alert: he didn't get it.I never saw a ton of A&B, but my dad had a blazer made by them and I saw a few other pieces in Columbus thrifts. None of it really impressed me, quality-wise.
Looks late 20s-early 30s to me, but that's a guess. Hard to say with overcoats because the styles didn't change much, but by the later 30s and 40s, lapels were getting bigger. Fabric is probably wool, just with a fuzzy finish you don't see anymore.EDIT: August Bros was dissolved in 1940, so not later than that. I still say late 20s-early 30s.