Barneys to make a comeback

Storied retailer will open within Saks Fifth Avenue and in Greenwich

New York /
Dec.December 03, 2020 02:38 PM
Authentic Brands CEO Jamie Salter with 611 Fifth Avenue (Getty; Google Maps)

Authentic Brands CEO Jamie Salter with 611 Fifth Avenue (Getty; Google Maps)

Barneys will be back in Manhattan early next year.

The luxury department store brand and legendary retailer will open a location in a Saks Fifth Avenue flagship on the fifth floor of 611 Fifth Avenue, Bloomberg reported.

Barneys filed for bankruptcy last year and was bought by Authentic Brands Group and B. Riley for about $270 million in November 2019.

“We would have liked to have it open by now,” Jamie Salter, CEO of Authentic Brands, said during a conference Wednesday. The opening was delayed by the pandemic.

Fred’s, the restaurant within Barneys, will also be making a return in 2021, although details have yet been released.

Barneys will also open a small standalone shop in Greenwich, Connecticut.

[Bloomberg] — Sasha Jones


Related Articles

arrow_forward_ios
Richard Segal of Seavest Investment Group, David Marx of Marx Development Group and 902 Quentin Road in Brooklyn (Photos via Seavest Investment Group, Marx Development Group and VRMNY)
Westchester firm buys $54M Brooklyn medical building
Westchester firm buys $54M Brooklyn medical building
546 Broadway and Isaac Chetrit (Google Maps)
Uniqlo finalizes $160M buy of its flagship at 546 Broadway
Uniqlo finalizes $160M buy of its flagship at 546 Broadway
The $69 million estate (Lena Yaremenko)
East Hampton estate hits market for first time in 75 years, asks $69M
East Hampton estate hits market for first time in 75 years, asks $69M
Sam Nazarian (Getty)
Sam Nazarian’s food venture expands to Saudi Arabia in $100M JV
Sam Nazarian’s food venture expands to Saudi Arabia in $100M JV
Victoria's Secret CEO John Mehas. (Getty)
Westfield sues Victoria’s Secret over WTC mall location
Westfield sues Victoria’s Secret over WTC mall location
At least 65 commercial spaces are labeled as vacant as of March. (Getty, iStock)
NYCHA’s vacant retail spaces leave experts confused
NYCHA’s vacant retail spaces leave experts confused
Charlie Kushner, Laurent Morali, Nicole Kushner with Monmouth Mall (Google Maps, Sasha Maslov, Getty)
Kushners fend off rival developers for NJ mall
Kushners fend off rival developers for NJ mall
Small Business Administration administrator Isabel Guzman (Getty, iStock)
Starved for relief: Restaurants seek $76B, far more than budgeted
Starved for relief: Restaurants seek $76B, far more than budgeted
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...