Barneys to make a comeback

Storied retailer will open within Saks Fifth Avenue and in Greenwich

New York /
Dec.December 03, 2020 06:00 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
Miracle Mile double play: Terranova pays $8M for two Coral Gables retail sites
Miracle Mile double play: Terranova pays $8M for two Coral Gables retail sites
Miracle Mile double play: Terranova pays $8M for two Coral Gables retail sites
JB Capital co-principals Jessica Giguere and Ben Karp with the retail center (Atlantic Retail, JB Capital)
JB Capital and partner pay $26M for Fresh Market-anchored Jupiter retail center
JB Capital and partner pay $26M for Fresh Market-anchored Jupiter retail center
Movers & Shakers: Newmark lodging group co-head moves to Miami
Movers & Shakers: Newmark lodging group co-head moves to Miami
Movers & Shakers: Newmark lodging group co-head moves to Miami
(City of Pompano Beach)
From Macy’s to multifamily: Apartments planned for former department store site at Pompano Beach shopping center
From Macy’s to multifamily: Apartments planned for former department store site at Pompano Beach shopping center
Crow Holdings pays $33M for Coral Springs’ Turtle Crossing
Crow Holdings pays $33M for Coral Springs’ Turtle Crossing
Crow Holdings pays $33M for Coral Springs’ Turtle Crossing
Pompano Beach mixed-use project scores $45M construction loan
Pompano Beach mixed-use project scores $45M construction loan
Pompano Beach mixed-use project scores $45M construction loan
Lease roundup: Miami Worldcenter, Town Center at Boca Raton score new retailers
Lease roundup: Miami Worldcenter, Town Center at Boca Raton score new retailers
Lease roundup: Miami Worldcenter, Town Center at Boca Raton score new retailers
South Florida retail rents surpass pre-pandemic pricing in Q3
South Florida retail rents surpass pre-pandemic pricing in Q3
South Florida retail rents surpass pre-pandemic pricing in Q3
arrow_forward_ios

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

Loading...