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Barneys New York, the iconic luxury chain, says a bankruptcy judge has approved the sale of its assets to fashion licensing company Authentic Brands Group. The New York-based retailer said ...
On Friday morning, Authentic Brands Group officially became the new owner of Barneys New York in a $271 million deal that is expected to result in the closure of most if not all stores. It's been ...
The nearly-century-old retailer has a tough road ahead of it.
Inside the battle for the luxury retailer. For premium support please call: 800-290-4726 more ways to reach us
On August 6, 2019, Barneys New York filed for bankruptcy once more. [24] On October 25, 2019, Authentic Brands Group announced it had bought the company for $271.4 million (~$319 million in 2023). Barneys brick-and-mortar format was eliminated with the future of the business to be announced.
U.S. luxury department-store chain Barneys New York Inc is nearing a roughly $270 million deal with brand developer Authentic Brands Group that could lead to Barneys shops opening in Saks Fifth ...
9570 Wilshire Boulevard is a building located within the Golden Triangle business district of Beverly Hills, California.It originally housed a Barneys New York department store from 1994 until 2020, and has housed a Saks Fifth Avenue department store (which relocated from the adjacent 9600 Wilshire Boulevard) since 2024.
As news of Barneys's bankruptcy and subsequent sale spread, the collective mourning for a bygone retail era was tinged with at least some delight over the promised sales and steals that would ...