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- FAST RETAILING Confirms Proposal to Acquire Barneys New York for $900 Million in Cash
- TOKYO -- FAST RETAILING CO., LTD. ("FAST RETAILING"; "The Company") today confirmed it has submitted a proposal to Jones Apparel Group, Inc. (NYSE: JNY; "Jones") to acquire Barneys New York, Inc. ("Barneys") from Jones for $900 million (approximately 110 billion yen) in cash. FAST RETAILING's proposal represents a 9% premium...
- Research articles 2007-07-05
- Department store Barneys New York could soon be in new hands if talks between Jones Apparel Group Inc and a private equity group owned by the Dubai government succeed.(INTERNATIONAL NEWS)
- DEPARTMENT STORE Barneys New York could soon be in new hands if talks between Jones Apparel Group Inc and a private equity group owned ... DEPARTMENT STORE Barneys New York could soon be in new hands if talks between Jones Apparel Group Inc and a private equity...
- Research articles 2007-06-22
- Plano, Texas-Based J.C. Penney Co. Has High Hopes for New CEO.(Knight Ridder/Tribune Business News)
- Jul. 28--J.C. Penney Co.'s board hopes new Chief Executive Allen Questrom can work the same magic on its beleagured company that he worked for retail giants Federated Department Stores and Barneys New York. Jul. 28--J.C. Penney Co.'s board hopes new Chief Executive Allen...
- Research articles 2000-07-27
- Shopping spree: inside New York's large, better grade stores. (New York, NY) (Industry Overview)
- A generation ago, affluent New York City parents met their children's wardrobe needs by shopping at a select group of better grade stores. Generally it was Brooks Brothers for boys, Bergdorf Goodman for girls, and Lord & Taylor, Saks Fifth Avenue A generation ago, affluent New...
- Research articles 1995-03-01
Additional Resources
- Isetan once again getting personal with Pressmans.(Barneys New York's business partner Isetan plans to sue Barneys' co-chairmen Gene Pressman and Robert Pressman for failure to pay off personal loans made to Barneys)
- Barneys New York's business partner Isetan plans to sue Barneys' co-chairmen Gene Pressman and Robert Pressman for failure to pay of $170 mil in personal loan guarantees it made to Barneys starting in 1993. Barneys considers Isetan's loans as an equity investment, and Isetan considers its investments in Barneys as...
- Research articles 1996-07-02
- Rizzo gets top women's post at Barneys, still heads men's. (Barneys New York; Peter Rizzo)(includes a related article on Barney's creditors)
- Barneys New York has selected Peter Rizzo, executive VP and GMM for its men's division, as head of the department store's women's division. The change was announced shortly after Saks Fifth Avenue and Isetan Co Ltd announced that they will create a competing reorganization plan for Barneys. Barneys New York...
- Research articles 1996-07-25
- Barneys outlet debuts. (first Barneys New York outlet in Central Valley, New York) (Brief Article)
- NEW YORK -- The first Barneys New York outlet will open Saturday at Woodbury Common, the upscale factory outlet mall located in Central Valley, N.Y., about an hour north of New York. Barneys is one of 37 new tenants at the center, which includes St....
- Research articles 1993-04-30
- Hoeller to Barneys as sr. vice-president. (John Hoeller, Barneys New York)
- NEW YORK -- John Hoeller has joined Barneys New York as senior vice-president of store operations. Hoeller, who will report to Barneys' executive vice-president Robert Pressman, will be responsible for the two Manhattan units as well as the national Barneys New York stores....
- Research articles 1991-06-12
- Rumors of suitors for Barneys continue to circulate in market; Limited, Holt Renfrew among named.(retailer Barneys New York is looking for partners to finance its bankruptcy reorganization)
- Barneys New York is looking for partners to finance its bankruptcy reorganization plan and increase the payout to its creditors. The Pressman family, Barneys' owner, is considering a partner who could help the retailer improve its profitability and let the Pressmans retain control of the company. Barneys' creditors might consider...
- Research articles 1996-05-01
- Anne Ball leaves Barneys. (Barneys New York)
- ANNE BALL LEAVES BARNEYS NEW YORK - Anne Ball, vice-president and general merchandise manager of Barneys New York, has left the company. A spokeswoman for the store said Ball resigned Monday to "pursue other interests." Ball wasn't available for comment Tuesday....
- Research articles 1991-01-30
- Burkle Buys Barneys New York Debt: Report
- (Reuters) - Supermarket mogul Ron Burkle and his investment arm, Yucaipa, have purchased a large amount of U.S. luxury retail chain Barneys New York's debt, the Wall Street Journal said, citing people familiar with the matter.Citigroup Inc C sold a big part of Barneys' secured term loan to Burkle at...
- News items 2009-11-20
- Armani must sell Barneys NYC units; arbitrators' ruling covers couture collections. (Giorgio Armani obliged to sell Borgonuovo collection to new Madison Avenue Barneys New York store)
- An arbitration tribunal decided that the Giorgio Armani Fashion Corp must sell its Borgonuovo collection to Barneys New York's new Madison Avenue branch. Armani must sell the collection to Barneys as long as the latter meets prescribed conditions because of a contract signed in 1979. However, a second decision that...
- Research articles 1993-04-15
- Barneys still has heart set on San Francisco.(Barneys New York hopes to open another California store)
- Gene Pressman of Barneys New York says the retailer hopes to open a San Francisco, CA, outlet despite its Chapter 11 reorganization. Once the bankruptcy is resolved, San Francisco will be the chain's first new market, the Barneys' co-chairman stated at a press conference. The retailer also announced launch of...
- Research articles 1996-06-19
- Jones Apparel agrees to buy luxury retailer Barneys New York for $400 million.
- Kyodo News International, Tokyo Knight Ridder/Tribune Business News Nov. 12--NEW YORK -- Jones Apparel Group Inc. said Thursday it has agreed to buy Barneys New York Inc., a popular luxury retailer of fashionable apparel, accessories and other products, for an estimated $400...
- Research articles 2004-11-12
- Barneys, UNITE in agreement on pact for 600 NY salesclerks. (Barneys New York, labor contract agreement)
- UNITE has reached a tentative labor contract agreement with department store chain Barneys New York. The contract will affect about 600 salesclerks, plus tailors, clerical and distribution workers at three Manhattan stores. UNITE created a stir by trying to organize those non-union employees at other store locations. UNITE is trying...
- Research articles 1996-04-16
- Judge OKs truce extension between Barneys, Isetan. (Barneys New York, Isetan Co. Ltd., bankruptcy Judge James Garrity Jr.)(Brief Article)
- NEW YORK FNS - Bankruptcy Judge James Garrity Jr. Wednesday gave his blessing to an agreement between Barneys New York and Isetan Co. Ltd. that officially extends their truce through June 27. Continuation of the truce, which was expected, gives the two sides another two months...
- Research articles 1996-04-25
- $71 mil in cash spent for Barneys new unit. (Barneys New York)
- $71 MIL IN CASH SPENT FOR BARNEYS NEW UNIT NEW YORK - In excess of $71 million in cash has been spent for Barneys New York proposed Madison Avenue store, DNR has learned. According to real estate sources, $71,206,500 was paid for the site ...
- Research articles 1991-02-20
- Several factors still turning down credit approval for Barneys New York.
- Some factoring firms are not giving approval for shipments to Barneys New York, based on the fact that the store has been late on payments. In addition, financial information is difficult to obtain from Barneys, and communication remains poor. Rosenthal & Rosenthal is not approving shipments in Feb 1994, but...
- Research articles 1994-02-16
- BARNEYS LANDS QUESTROM IN EFFORT TO RESTORE LUSTER.(Allen I. Questrom appointed CEO of Barneys New York)
- NEW YORK -- After an exhaustive search for a new chief, Barneys has finally landed Allen I. Questrom. Last week, the New York-based retailer brought the former Federated Department Stores chairman and chief executive out of a two-year retirement and named...
- Research articles 1999-05-10
- Hammer joins Barneys in Chicago as V-P. (Barbara Hammer is new vice-president/general manager of Barneys New York Chicago, Illinois store) (Brief Article)
- NEW YORK -- Barbara Hammer has joined Barneys New York as vice-president/general manager of its Chicago store, which is scheduled to open in September. Hammer's position is newly created. She will be responsible for overseeing all store activities and ...
- Research articles 1992-06-19
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