Department Store Barneys New York Weighs Bankruptcy, Reuters Says
- Barneys could file for bankruptcy in the coming weeks
- Store has not made final decision, looking at other options
Employees work inside the Barneys New York retail store.
Photographer: Victor J. Blue/Bloomberg
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Luxury department store Barneys New York is considering a bankruptcy filing, Reuters reported, citing unidentified people familiar with the matter.
The retailer is working with Kirkland & Ellis LLP to prepare for a potential bankruptcy that could come in the coming weeks, Reuters cited one of the people as saying. Barneys has not yet made a final decision and is weighing other solutions.