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Barneys Heading For Bankruptcy?

RTTNews Monday, 15 July 2019
Luxury specialty retailer Barneys New York Inc. may become the latest retailer preparing for bankruptcy filing. Reuters reported Saturday, citing people familiar with the matter that Barneys is exploring options, including a bankruptcy filing. The company is reportedly struggling with expensive leases hurting its business, especially its flagship department store on Madison Avenue in Manhattan.
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Credit: CBS 2 New York - Published < > Embed
News video: Barneys Reportedly Considering Bankruptcy Filing

Barneys Reportedly Considering Bankruptcy Filing 00:24

A big name in New York fashion may be headed into bankruptcy.

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