Barneys New York now featured on Do The Catwalk

Boxxet Home   |   Log in or Register

Luxury apparel, redefined external link

Rate   reuters.com | by Camille Drummond | Thu, May 14

Thu, May 14 Meanwhile, the Dubai investment firm that owns Barneys New York gave the high-end store a capital injection last month to help it pay for its remaining shipments, one day after S&P cut Barneys to a deeply distressed ratings level.

[Read original...]

Related News

Rate Good ceos are Hard to Find - RetailWire external link

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

Rate News: Dubai invests $5 billion in Vegas external link

source: Newlywed in Dubai

Anyway, here is a list of the Las Vegas holdings of MGM Mirage: Bellagio The Mirage MGM Grand Las Vegas Excalibur Luxor Mandalay Bay New York-New York Treasure Island Monte Carlo Circus Circus This reminds me, I still have to get our photos from Los Angeles and Las Vegas online ...

Published Mon, May 18

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

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

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

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

Rate Statement from Istithmar World Capital external link

source: Zawya

 United Arab Emirates Dubai, April 15, 2009: "Istithmar World CapitalIstithmar World Capital has provided a significant level of additional capital to support Barneys New York. Working closely with management, we believe that this amount allows the company financial ...

Published Wed, Apr 15

Rate Istithmar World Capital Gives Capital To Barneys New York external link

source: Wall Street Journal

Last week, the New York Post reported Istithmar, the government investment agency of Dubai, decided to inject at least $10 million into its struggling retailer. Istithmar bought Barneys, which has about 2200 employees, for $942 million in July 2007 ...

Published Tue, Apr 14

Rate Cirque du Soleil Says Dubai Investors Will Hold Stake external link

source: Bloomberg

Istithmar may sell US luxury retailer Barneys New York for less than half what it paid two years ago, four people familiar with potential bids said in February. Istithmar and Nakheel, both units of government-owned Dubai World, acquired 20 percent of ...

Published Tue, Mar 17

Rate Barneys Says It’s Not For Sale, Britney Spears to Promote Candie’s ... external link

source: Wall Street Journal

 NY Barneys New York is not for sale, hopes to resolve its issues with factors in a few weeks and intends to have a new chief executive officer in place by midyear, David Jackson, chief executive officer of Istithmar, the Dubai-based parent of Barneys, ...

Published Tue, Mar 3

Source:  reuters.com
Search Barneys New York
Also of Interest...
Do you publish a blog? If so, consider joining the Boxxet Network and see your great content showcased and rewarded! Learn more...