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Tag: New York

‘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 …

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Video shows burglars at CEO Don Ghermezian’s New York mansion

The New York City Police Department released video footage on Tuesday showing a group of men who they say ransacked a mansion belonging to billionaire real estate mogul Don Ghermezian, stealing $140,000 worth of luggage and jewelry. The footage shows several unidentified male suspects walking past a security camera on Saturday evening outside Ghermezian’s multimillion-dollar …

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The internet brings chaos to NY streets, Retail News, ET Retail

By Matthew Haag and Winnie HuNEW YORK: An Amazon order starts with a tap of a finger. Two days later — or even in a matter of hours — the package arrives. It seems simple enough. But to deliver Amazon orders and countless others from businesses that sell over the internet, the very fabric of …

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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 …

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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 …

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