Barneys New York Says It’s in Discussions With Lenders

Barneys New York, the luxury-goods retailer controlled by a Dubai investment company, said it’s in talks with lenders to improve its balance sheet.

“Barneys New York is actively engaged in discussions with the company’s small group of lenders to improve its balance sheet and further position Barneys New York for sustainable, long-term growth and success,” the company said today in an e-mailed statement. “We are focused on resolving this matter as expeditiously as possible, and it will remain business as usual at Barneys New York.”