Zac Posen is shuttering his fashion label, WWD reported on Friday. The celebrity-beloved designer’s nearly 20-year-old line “ran out of time” in the midst of sales negotiations. This news comes the same day Barneys New York sold to Authentic Brands Group, with the new owner intending to close down most […]
In a leaked memo, BarneysCEO Daniella Vitale confirmed to employees that the bankruptcy court has approved Barneys’ sale to Authentic Brands Groups, a move that would effectively shutter all Barneys stores. Vitale said that while there’s a limited window of time for a bidder to rise up and reach an […]
Bankrupt Barneys officially sold to Authentic Brands Group on Friday morning, following approval from bankruptcy judge Cecelia G. Morris on Thursday. The deal as it stands will lead to the shuttering of most of Barneys’ remaining stores. However, the flagship location in New York City will remain open for at […]
In a call with bankruptcy court on Friday, Barneys representatives and lawyers said the luxury retailer has several interested buyers. The luxury department store filed for Chapter 11 bankruptcy protection in August. In a statement to Business Insider, a Barneys spokesperson confirmed the company has “received several indications of interest […]
Barneys New York will likely soon be owned by Authentic Brands Group, part of a bankruptcy deal approved by judge Cecelia G. Morris on Thursday that would effectively shutter all remaining stores. Though the luxury department store is a favourite among celebrities and fashionistas, it has a history of financial […]
Former hedge-fund manager and chairman of Barney’s New York Richard Perry made mistakes that led to the famed department store’s financial troubles, the Wall Street Journal reported. Barney’s New York filed for bankruptcy on August 6 and put itself up for sale, according to Reuters. Perry’s own hedge fund, Perry […]
Barneys New York announced on Tuesday it has filed for Chapter 11 bankruptcy and will close 15 of its 22 stores as it seeks ways to restructure and refinance. Barneys will shutter stores in Chicago, Las Vegas, and Seattle. It will also close five concept stores and seven Barneys Warehouse […]
Barneys, the luxury department store, has filed for bankruptcy and may close all seven of its stores if a new deal announced on Wednesday is approved. Though it denied any plans to downsize its Manhattan store in March, high rent prices and a shifting customer base are partly to blame […]
Barneys New York is entering the cannabis industry with the opening of a head shop called The High End in its Beverly Hills store, according to The New York Times. The High End will offer luxe cannabis products, marijuana-inspired jewellery, CBD infused beauty products, and paraphernalia, including a $US1,475 pot […]
Retailers are starting to push a new trend in...
Despite some controversy, Jay Z moved forward with his “New York Holiday” collection for Barneys and it debuted this week. The collection of clothing and accessories chosen by the rapper and retailer is meant to “bring together the art, the fashion, the industry … the very energy New York was […]
Barneys has been hit with allegations of racism since a black customer came forwardwith his story about being detained by police after purchasing an expensive belt. Now, employees tell Kim Bhasin and Julee Wilson at The Huffington Post that racism was allegedly a part of employee culture. Some employees allegedly […]
A man is suing high-end clothing store Barneys because he was detained by police shortly after buying a $US349 designer belt. Trayon Christian, 19, told The New York Daily News that he filed a lawsuit against the chain because staffers “didn’t believe a young black man could possibly afford to […]
[credit provider=”Barneys Advertisement”] First, Disney gave “The Little Mermaid” some plastic surgery, then they made a light-haired, blue-eyed Latina princess, and now, three vital Disney characters have been placed on a serious diet in the name of fashion.Minnie Mouse, Daffy Duck and Goofy have been elongated and slimmed down for […]
[credit provider=”Screengrab”] Campalyst, a social media marketing measurement firm, released a report on social media use by the internet’s top 250 online retailers, almost 100 of which aren’t on Pinterest.The data, which was collected from mid-April through May 2, shows the dominance of fashion retailers on Pinterest.
Now there are two ways to fulfil that Lady Gaga fix in NYC: renting the one-bedroom apartment where her career got started and wading through crowds on Madison Avenue to admire the Gaga-designed holiday windows at Barneys New York. Yesterday morning the games began, complete with giant inflatable spiders, street […]
Barneys New York is now officially cheaper than Saks, slashing prices more than its midtown competitor, likely designed to lure recession-minded shoppers in the door.