This is how social media reacted to the news of Barneys bankruptcy.
The 96-year-old luxury retailer filed for Chapter 11 bankruptcy protection in the early hours Tuesday — the second time in its history — after scrambling to find financing last month. The retailer, which is planning on closing 15 of its 22 doors, has more than 5,000 creditors, including The Row, Celine Inc., Yves Saint Laurent America Inc., Gucci, Prada and more.
After news broke, the retailer shared a photo of a Barneys shopping bag, captioning it with: “trends come and go, but institutions are timeless.”A post shared by Barneys New York on Aug 6, 2019 at 6:18am PDT Others have also taken to social media to share their reactions to Barneys’ bankruptcy, with most hopeful for an upcoming blowout sale at the retailer.Me shopping at Barneys when everything goes on sale and I can finally afford it: pic.twitter.com/JudbZt6SB5 Lmao me adding shit to my barneys cart waiting for this liquidation sale pic.twitter.com/uRONQqOLXL Hard to believe that Barneys is preparing to file for bankruptcy. pic.twitter.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Barneys New York Has Filed For BankruptcyPrepare yourself accordingly: Your heart may just break over this latest bit of retail news. In July, Business of Fashion reported Barneys New York, one of Manhattan's most iconic department stores, could be preparing to file for bankruptcy. According to BoF, Barneys was struggling with high rents
Read more »
Barneys in Bankruptcy Lists Store Closings and Top CreditorsA bankrupt Barneys has released a list of store closings and its top creditors.
Read more »
Barneys Files For Bankruptcy and Plans to Close Some StoresBarneys filed for Chapter 11 bankruptcy after getting hit with high rent.
Read more »
Must Read: Barneys Files for Bankruptcy, Rihanna Blessed Us With Another Epic Crop Over CostumePlus, luxury beauty brands are now targeting babies.
Read more »
A Department Store Aficionado Shares Her Fondest Memories of Barneys, Which Has Filed for BankruptcyUpon hearing the news that BarneysNY has filed for bankruptcy protection, and that its future is uncertain, Vogue’s Lynn Yaeger remembers her fondest shopping memories at the store.
Read more »
Barneys New York files for Chapter 11 bankruptcy protectionBarneys New York is filing for Chapter 11 bankruptcy protection, the latest retailer to buckle as shoppers move online and real estate costs soar.
Read more »