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How to Make It in Fashion: June 21, Dream Hotel Downtown, New York

Wednesday February 6th, 2013

Tuesday May 8th, 2012

Barneys Gets New Owner, Ends Debt Troubles
Retail

Barneys Gets New Owner, Ends Debt Troubles

Another chapter begins in Barneys’ tumultuous financial history–and, happily, this one’s looking more promising.

According to a release, Perry Capital, one of Barneys‘ financial backers, has just become the majority owner of the company in a deal that reduces Barneys’ whopping $590 million debt to a mere $50 million. As per the new agreement, Perry Capital, owned by Richard C. Perry, and The Yucaipa Companies, owned by Ronald W. Burkle, will partner to convert debt for equity in Barneys–meaning that both financiers’ now hold a considerable stake in the company, though Perry Capital is still the majority owner.

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Published at 10:50 AM

Friday February 3rd, 2012

Fashion News Roundup: Crystal Renn is Still Being Asked About Her Weight, Luxury Brands Are Doing Really Well, and Jennifer Connelly Models for Shiseido Again–30 Years Later
Fashion News Roundup

Fashion News Roundup: Crystal Renn is Still Being Asked About Her Weight, Luxury Brands Are Doing Really Well, and Jennifer Connelly Models for Shiseido Again–30 Years Later

Jennifer Connelly is a Shiseido Spokeswoman Again, 30 Years Later: The Labrynth co-star is reprising her role as the global face of the Japanese makeup and skincare line – she also appeared in their “Perky Jeans” ad campaign in the ’80s. Jen’s new campaign for Shiseido will be for its Future Solution LX premium skin care line – which sadly doesn’t quite have the same awesome ring to it as “Perky Jeans.” {Styleite}

LVMH and Dior In Pretty Good Shape: As the global economy grows, so have people’s spending habits: LVMH sales have gained 20.4% in the fourth quarter and Dior’s revenues have advanced 22%. Luxury brands seem to be increasing in profit and revenue in pretty much every major market sector save for Japan, where last year’s devastating natural disasters affected far more than the spending habits of the wealthy. {WWD subscription required}

Lisa Perry’s Spring Collection is ‘Mad About Mod’: The designer hosted an intimate luncheon yesterday to celebrate her new ’60s-inspired collection, which features mod accents and groovy pop-art inspired prints. It’s available at Barneys just in time for spring weather and, of course, the return of Mad Men. {Barneys}

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Published at 1:45 PM

Tuesday July 21st, 2009

Fashion Is Fun

September Nightlife

We are so excited for September. While the official list won’t be released until August 17th, we just received a huge rundown of events for Fashion’s Night Out, the New York City fashion celebration this September 10th. Over 300 retailers in all five boroughs have already signed up to party from 6pm to 11pm. We’re Read more →

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Published at 12:10 PM