Barneys, Pier 1 And Other Iconic-But-Bankrupt Retailers Are Coming Back To Life
PYMNTS
JANUARY 21, 2021
Taking up 54,000 square feet on the fifth floor of a Saks store a few blocks from Barneys’ former location, the new operation will feature apparel from Fear of God and other cutting-edge clothing lines. However, Barneys fell into bankruptcy in 2019, due in part to rising rents at its Manhattan and Los Angeles stores.
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