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.
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