Don’t Worry, Barneys Isn’t Going Anywhere – Fas
 

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We really hope Burkle gets his hand on it sooner than later–he’ll do a great job–but even if Barneys is forced to file for bankruptcy,oakley sunglasses, don’t fret. While smaller outlets across the country may close,New Era MLB Hats, Barneys itself will be around for a long time. It has too much future potential–someone is bound to bail it out.
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News,Prada Sunglasses, Retail, The Business Don’t Worry,18,Discount Mulberry bags,Numero‘s Feeling Feline – Fashionista Fashion Industry News, Designers, Runway Shows, Style Advice, Barneys Isn’t Going Anywhere By Lauren Sherman Friday,wholesale dc shoes hats, Jun 11,Fendi Sunglasses, 2010 / 11:27 AM GMT -5
Istithmar,NFL Jerseys, a Dubai-based private equity firm,New Era Caps, bought Barneys three years ago for way too much money–$942 million–and the value of the retailer has continued to decrease. While luxe department stores like Neiman Marcus and Bergdorf Goodman have been able to bounce back (even just a little) from the recession,NBA Jerseys, Barneys continues to struggle.
Our favorite struggling department store,Red Bull Hats, Barneys New York,September Issues Revealed Who’s Covering What,new era hats, got more bad news this morning: Its parent company,NFL hats, Istithmar,Ray Ban Sunglasses, is going to have to pump another undisclosed amount of cash into the debt-ridden retailer. (That’s according the the NY Post.)
And it’s not for lack of a great brand and great clothes. The problem still goes back to this: No one is running the business. Shareholder Ronald Burkle still wants to buy the company,Cheap NFL Jerseys, but Istithmar won’t give up.