The New York Times reported Barney's was “sold for parts” to Authentic Brands Group, which owns Juicy Couture and Nine West, officially marking the end of their franchise.
in July that Barneys New York — one of Manhattan's most iconic department stores — was preparing to file for bankruptcy, many were concerned that the household name might actually shutter its doors. According to, Barneys struggled to stay afloat, citing high rents and changing consumer tastes as reasons for its rapid decline.
Manhattan aside, the bankruptcy will see Barneys closing down 15 of its 22 stores, including its Chicago, Las Vegas and Seattle branches, seven of the company’s nine Barneys Warehouse stores and five concept stores. The retailer maintains it will keep its five flagship locations in New York, San Francisco, Los Angeles, and Boston, as well as its online stores Barneys.com and BarneysWarehouse.com open for business.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Barneys New York Has Officially Been SoldBarneys New York has officially sold to Authentic Brands Group. Barneys CEO Daniella Vitale stepped down following the sale.
Read more »
Barneys New York: What Went WrongThe numbers didn’t work at Barneys New York for years. Here, a breakdown of what exactly went wrong. 🔐
Read more »
New York Senator Chuck Schumer mocks Trump making Florida his new home, Donald Jr. fires back'New York, New York. If you can make it there, you can make it anywhere... Trump can't,' Schumer tweeted.
Read more »
New York City police commissioner resigns, de Blasio announces new chiefAt presser announcing his resignation, NYPD Commissioner James O'Neill thanks the media 'for treating me with respect.' 'I know what your job is, and I know what our job is...I'm pretty sure it's one and the same.'
Read more »
The Most Inspiring Moments of the New York City MarathonIf these runners don’t motivate you to sign up to go 26.2, we don’t know what will. ❤️ TCSNYCMarathon
Read more »
Yep, the New York City Marathon Was Even Harder to Get Into This YearThe New York Road Runners break down the numbers for how many people got a spot in the 2019 New York City Marathon happening on Sunday, November 3.
Read more »