Barneys New York news and archive

Authentic Brands Group launches Barneys New York branded residences to Tulum, Mexico

Authentic Brands Group, the global brand development, marketing, and entertainment company, has unveiled a new partnership with Sequence Tulum to bring Barneys New York’s branded residences to Tulum, Mexico. Located in the prominent Luum Zama community, the residences bring together the iconic Barneys New York brand experience with modern...

Retail|Beauty Featured

Hourglass opens pop-up concept store with Barneys New York

Hourglass, the cruelty-free luxury beauty brand, is celebrating 20 years of innovation and creativity by paying homage to the place where the brand got its start – Barneys New York, with the opening of a limited-time concept store. The pop-up, located at 14 Prince Street in Soho, New York, will be open to the public from September 5 to October...

Fashion

Barneys New York reincarnates as a beauty brand

Barneys New York has been reincarnated as a beauty brand. Parent company Authentic Brands Group (ABG) partnered with Korean-based lifestyle company Gloent Group to launch a line of skincare. Fragrance, hair and body care, cosmetics and wellness are expected to expand the range categories. The beauty range will launch in October at new website...

Fashion

Fila partners with Barneys New York on limited edition capsule

Sportswear giant Fila has revealed a collaborative collection designed together with luxury department store Barney New York, consisting of six shoe styles for men and women. The new capsule builds on the duo’s previous partnerships, which have included the launches of apparel and footwear collaborations. For the Barneys New York x Fila footwear...

Business

Authentic Brands Group puts IPO on hold

Authentic Brands Group (ABG), the parent company of Forever 21, Barneys New York and Nine West, has put its plans for an IPO on hold as it secured new investment. Funds from CVC Capital Partners (CVC) and HPS Investment Partners (HPS) have signed definitive agreements to purchase significant equity stakes in the company, valuing the group at...

Retail

Barneys New York to return in 2021

Yes, you can call it a comeback. Barneys New York is returning early next year under its new owner Authentic Brands Group (ABG) group. There were plans to give Barneys New York a proper revival this year, but they were delayed by the coronavirus pandemic. Two stores are set to open in the first quarter, over a year after Barney’s originally...

BusinessFeatured

Authentic Brands Group announces success in acquiring Barneys New York

After much speculation, Authentic Brands Group (ABG) announced on Thursday evening that it will acquire Barney’s New York. The global brand development company first placed a bid for the fashion company last week. ABG will acquire the Barneys New York label as well as its associated intellectual property, which includes Barneys, FiveSeventyFive,...

Business|UPDATE

Last-minute offer from private investors challenges Authentic Brands’ bid for Barneys

New York – A last-minute offer led by fashion label Kith’s investor Sam Ben-Avraham would have reportedly challenged the bid presented by Authentic Brands Group (ABG) to acquire ailing Barneys New York business. The upscale department store operator, which filed for bankruptcy in August, had been seeking proposals to best Authentic Brands’ 271...

BusinessFeatured

Has Barneys New York found a last-minute saviour?

New York - A potential buyer is said to be preparing a bid to take control of luxury department store Barneys New York, which filed for bankruptcy protection in August. Shall this deal go forward, the retailer would avoid liquidation. A group of fashion executives, led by fashion and entertainment executive Sam Ben-Avraham, is preparing a bid of...

Business|ANALYSIS

Barneys New York’s bankruptcy, the market’s take

New York – Weighted by high rents and online competition, Barneys New York announced at the beginning of August its decision to seek for bankruptcy protection. The high-end department stores chain has also secured a last-minute lifesaver in the form of a 218 million dollars capital injection. “Like many in our industry, Barneys New York’s...

Fashion |OPINION Featured

Barneys New York, a symbol of success in simpler times

For many of us Barneys New York is more than the Manhattan mecca of minimalist cool whose fortunes are currently being ruthlessly chronicled in the Wall Street Journal or Financial Times. While these hungry pundits banter over whether the company can be saved by Tuesday’s bankruptcy filing, the sufficiency of the 218 million dollar investment,...

Business|UPDATE Featured

Iconic US department store Barneys officially files for bankruptcy

New York-based department store Barneys has filed for Chapter 11 bankruptcy protection after weeks of speculation. It has entered into an agreement with Gordon Brothers and Hilco Global, whose affiliates have provided it with 75 million dollars of new capital to stay afloat during the proceedings. As part of the restructuring, Barneys announced...