Barneys Gets Deeper PocketsJulie Tilsner
Suppliers complain that Barneys New York, the upscale apparel and home-furnishings retailer, has a history of taking its time to pay for merchandise. Perhaps that's because the tony specialty-store chain, which opened a store on Manhattan's Madison Avenue last year, hasn't been very profitable: It earned just $6 million on $151 million in sales for the last five months of 1993.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.