Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Bidder lined up for Barneys

A potential buyer is preparing a bid of $220m (£178m) for bankrupt luxury department store operator Barneys New York Inc.


The company’s lawyer announced it was in negotiations with a potential buyer during a bankruptcy hearing last week, The Wall Street Journal. reports.

A judge extended the deadline for bids until 11 October.

The bidder is reportedly a group of fashion executives led by Sam Ben-Avraham, who founded New York-based menswear store Atrium and co-founded streetwear label Kith.

Barneys filed for bankruptcy in August.


Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.