This is how social media reacted to the news of Barneys bankruptcy.
The 96-year-old luxury retailer filed for Chapter 11 bankruptcy protection in the early hours Tuesday — the second time in its history — after scrambling to find financing last month. The retailer, which is planning on closing 15 of its 22 doors, has more than 5,000 creditors, including The Row, Celine Inc., Yves Saint Laurent America Inc., Gucci, Prada and more.
After news broke, the retailer shared a photo of a Barneys shopping bag, captioning it with: “trends come and go, but institutions are timeless.”A post shared by Barneys New York on Aug 6, 2019 at 6:18am PDT Others have also taken to social media to share their reactions to Barneys’ bankruptcy, with most hopeful for an upcoming blowout sale at the retailer.Me shopping at Barneys when everything goes on sale and I can finally afford it: pic.twitter.com/JudbZt6SB5 Lmao me adding shit to my barneys cart waiting for this liquidation sale pic.twitter.com/uRONQqOLXL Hard to believe that Barneys is preparing to file for bankruptcy. pic.twitter.
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