Barneys New York

Barneys Might Have Avoided Those Bad Financial Problems If They ...

source: New York Magazine

  USA Barneys is a mess, and not having a CEO doesn't help. Barneys' last CEO, Howard Socol, left the company more than a year ago owing to strategy differences with then-new owners Istithmar World. A few months ago, reports began surfacing that retail ...

Published Wed, Jun 3

Good ceos are Hard to Find - RetailWire

source: RetailWire

registration), NJ In the case of Barneys, concerns about liquidity have caused many to wonder about the company's viability. The company's owner, Dubai investment fund Istithmar World, gave Barneys a cash infusion in April to allay the fears of vendors and lenders alike ...

Published Wed, Jun 3

Barneys to shut down two stores

source: Trade Arabia

As the impact of the global recession weighs in on wealthy Americans, high-end retailer Barneys New York, owned by Dubai's Istithmar World Capital, aims to close two of its seven department stores, said a report. The 85000 square-foot store at the ...

Published Fri, May 8

China's appetite for luxury goods: Nibble, not gulp

source: Daily Finance

 NY While Pace Wildenstein was making its move into China, high-end clothing retailer Barneys was contemplating its own Asian expansion. In November 2008, Istithmar, the Dubai firm that bought Barneys, opened an office in Shanghai and began searching for ...

Published Thu, May 7

Istithmar World Cap Pumps $25M Into Barneys New York -Report

source: Zawya

 United Arab Emirates DUBAI (Zawya Dow Jones)--Dubai-government investment firm Istithmar World CapitalIstithmar World Capital has pumped 90 million UAE dirhams ($25 million) into Barneys New York, sources told local Arabic daily Alrroya Aleqtissadiya, the paper reports ...

Published Thu, Apr 30

Barneys remains on track for fall debut in Valley

source: AZ Central.com

 AZ We will continue to monitor the company's performance but we are confident that no further injection is needed at this time," Istithmar CEO David Jackson said in a statement. Istithmar bought Barneys for $942 million from Jones Apparel Group Inc. in ...

Published Wed, Apr 29

Barneys remains on track for fall debut in Valley

source: Arizona Republic

 AZ - Max Jarman, Max Jarman We will continue to monitor the company's performance but we are confident that no further injection is needed at this time," Istithmar CEO David Jackson said in a statement. Istithmar bought Barneys for $942 million from Jones Apparel Group Inc. in ...

Published Wed, Apr 29

On Rittenhouse Square, Barneys New York opens first Phila. store

source: Bizjournals.com

Barneys New York is owned by the Dubai-based private equity firm Istithmar, which acquired it from Bristol, Pa.-based Jones Apparel Group for $942 million in July 2007. Earlier this week, the private equity firm reportedly provided $10 million to ... Istithmar tops up Barneys The National

Published Thu, Apr 16