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Tag: barneys

‘Death of an icon’: the downfall of Barneys New York | Business

“EMS – Every Thing Must Be Sold,” read the signs plastered all over Barneys New York – an unprepossessing welcome to what was once New York’s premier fashion store as it enters its last days before closing after almost 100 years in business. The red-and-yellow sale signage is certainly an affront to the luxury industry’s …

‘Death of an icon’: the downfall of Barneys New York | BusinessRead More

Judge approves Barneys sale to Authentic Brands but…..  

Get great content like this right in your inbox. Subscribe The saga of Barneys New York is almost at its end.  With no other competing bid, a bankruptcy court judge on Thursday approved Barneys New York’s sale to Authentic Brands Group (ABG) and B. Riley Financial Inc. for $271.4 million. ABG, which specializes in brand licensing, has …

Judge approves Barneys sale to Authentic Brands but…..  Read More

Done Deal: Barneys sold to Authentic Brands Group; NYC flagship to evolve to pop-up 

There was no last-minute white knight for beleaguered luxury retailer Barneys New York. Authentic Brands Group announced it has completed the purchase of the intellectual property of Barneys New York. The sale price was $271.4 million. The bankruptcy court had approved the sale the previous day, Oct. 31. But Barneys and its supporters held out some hope, as …

Done Deal: Barneys sold to Authentic Brands Group; NYC flagship to evolve to pop-up Read More

Barneys store liquidation sales to begin soon, bankruptcy deal closes

A Barney’s store stands in lower Manhattan on August 06, 2019 in New York City. Barneys, one of America’s most exclusive clothing stores, has filed for bankruptcy. Spencer Platt | Getty Images Store liquidation sales at Barneys New York will begin soon, according to a release issued Friday. Private sales will begin next week for …

Barneys store liquidation sales to begin soon, bankruptcy deal closesRead More

‘Barneys is an example of how tough it is out there’

Helena Foulkes attends the 2018 National Retail Federation Gala at Pier 60 on January 14, 2018 in New York City. Dia Dipasupil | Getty Images Entertainment | Getty Images Hudson’s Bay Company CEO Helena Foulkes knows the department store sector is troubled. “Barneys [New York] is an example of how tough it is out there,” …

‘Barneys is an example of how tough it is out there’Read More

A Barneys liquidation grows more likely as rival deal falls flat

A Barney’s store stands in lower Manhattan on August 06, 2019 in New York City. Barneys, one of America’s most exclusive clothing stores, has filed for bankruptcy. Spencer Platt | Getty Images A deal led by retail investor Sam Ben-Avraham to buy Barneys New York out of bankruptcy fell flat in court Thursday, making the …

A Barneys liquidation grows more likely as rival deal falls flatRead More

Barneys could launch stores inside Saks Authentic Brands deal

A pedestrian walks past a window display at Barneys New York department store in New York, U.S., on Thursday, Jan. 22, 2009. Jin Lee | Bloomberg | Getty Images If the company trying to buy Barneys New York gets its way, there could be many more Barneys popping up inside Saks stores in the near …

Barneys could launch stores inside Saks Authentic Brands dealRead More

Barneys gives OK to ABG’s bid

Get great content like this right in your inbox. Subscribe Barneys New York is closer to a deal to keep its brand alive. The bankrupt luxury retailer has approved an approximately $271.4 million so-called “stalking-horse bid”  from licensing firm Authentic Brands Group and one of its debtor-in-possession lenders (B. Riley Financial Inc.), according to a …

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Report: Barneys may have pick of suitors

Get great content like this right in your inbox. Subscribe At least five companies are reportedly trying to purchase bankrupt luxury retailer Barneys New York. According to Footwear News, New York City-based brand management company Authentic Brands Group (ABG) may be among the five unconfirmed suitors attempting to purchase Barneys before it goes into court-ordered …

Report: Barneys may have pick of suitorsRead More