U.S. luxury department-store chain Barneys New York Inc is nearing a roughly $270 million deal with brand developer Authentic Brands Group that could lead to Barneys shops opening in Saks Fifth Avenue stores, people familiar with the matter said on Monday.

BING NEWS:
  • EXCLUSIVE: Saks Fifth Avenue Ups Luxury Experience at New Beverly Hills Flagship in Old Barneys Location
    The store is rented from building owner ... Brands Group finalized a $271 million deal to buy Barneys New York out of bankruptcy. Authentic closed all Barneys stores but inked a licensing deal ...
    02/6/2024 - 9:22 am | View Link
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