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US: Perry Capital takes majority stake in Barneys

8 May 2012 | Petah Marian

Barneys New York has been taken over by Perry Capital in a debt-for-equity swap that reduces the US luxury department store operator's borrowings by US$540m and allows the chain to invest in developing its business.... read more


US: Loehmann's completes restructuring

2 March 2011 | just-style.com

US fashion retailer Loehmann's Holdings said it has successfully completed its restructuring and emerged from Chapter 11 bankruptcy proceedings.... read more


US: Loehmann's seals restructuring plan

20 December 2010 | just-style.com

Discount retailer Loehmann's has reached agreement with the official committee of unsecured creditors to proceed with its restructuring plan. ... read more


US: Discount retailer Loehmann's in bankruptcy filing

15 November 2010 | just-style.com

Off-price designer fashion and furnishings retailer Loehmann's Capital Corp today (15 November) filed for Chapter 11 bankruptcy protection in a move that will allow it to reduce its debt and recapitalise its balance sheet.... read more


US: Barneys appoints new CEO

23 August 2010 | just-style.com

Luxury retailer Barneys New York has announced the appointment of Mark Lee to the company as CEO, effective 1 September. ... read more


US: Barneys thought to be on CEO search

16 April 2010 | just-style.com

US media reports indicate New York fashion retailer Barneys is to start looking again for a CEO... read more


US: Barneys to receive $50m cash injection - report

1 February 2010 | Simon Warburton

New York fashion retailer Barneys may receive a cash injection of $50m in exchange for a controlling stake from supermarket operator Ron Burkle's investment company Yucaipa Cos.... read more


US: Barneys owners halt expansion into China - report

26 June 2009 | just-style.com

Plans to expand US chain Barneys New York into China have been shelved by its owners, according to a US newspaper.... read more


US: Barneys gets cash lifeline from owner

15 April 2009 | just-style.com

Recession-hit retailer Barneys New York has been thrown a cash lifeline by owner Istithmar World Capital, enabling it to pay its suppliers for the rest of the year.... read more


US: Barneys owners looking to sell - report

2 February 2009 | just-style.com

Dubai-based investment group Istithmar is reportedly looking to sell on the Barneys New York department stores it purchased less than two years ago.... read more


In the money: Steve & Barry's sold amid Chapter 11 spree

22 August 2008 | just-style.com

A string of Chapter 11 filings by clothing and footwear retailers in recent months shows that fashion is feeling the pinch of an economic slowdown in the US. However, this week's news that fashion chain Steve & Barry's is being bought by an investment firm for US$168m will do much to buoy the sector. Joe Ayling reports.... read more


US: Barneys CEO Howard Socol to leave in June

14 May 2008 | just-style.com

Barneys boss Howard Socol is to leave the luxury clothing chain at the end of June, the company has confirmed.... read more


US: Barneys boss could resign this week - report

12 May 2008 | just-style.com

Howard Socol, chief executive of luxury clothing chain Barneys New York, is poised to resign this week according to reports in the US press.... read more


US: Jones Apparel narrows Q4 loss

13 February 2008 | just-style.com

Jones Apparel Group Inc today (13 February) said it had narrowed its fourth quarter loss, despite lower sales as it exited several sportswear lines.... read more


Top stories on just-style this year...

21 December 2007 | just-style.com

Here is a list of the top ten stories published on just-style during the past year. To read the stories in full, please click on the headlines.... read more


US: Jones Q3 income surges on Barneys sale

31 October 2007 | just-style.com

Jones Apparel Group has seen its third quarter profit soar five-fold, helped by the sale of its Barneys New York unit last month.... read more


US: Jones Apparel to close Hanahan warehouses

22 October 2007 | just-style.com

US fashion group Jones Apparel is planning to close down its distribution operations in Berkeley County, South Carolina, where nearly 300 people currently work.... read more


JAPAN: Fast Retailing FY profit slips 21% despite rising sales

11 October 2007 | just-style.com

Rising sales at Fast Retailing, operator of Japan’s largest clothing chain Uniqlo, were unable to offset a fall in full-year profit as the company struggled to stem losses in its overseas subsidiaries and new g.u. and Onezone formats.... read more


US: Jones completes Barneys sale, plans share buyback

10 September 2007 | just-style.com

Jones Apparel Group Inc has completed the sale of its Barneys New York Inc unit and says it plans to use some of the proceeds to fund a $400m stock buyback.... read more


JAPAN: Fast Retailing picks up the pace of its global expansion

4 September 2007 | just-style.com

Japanese casualwear retailer Fast Retailing Co Ltd is to open its first Uniqlo store in Paris in early December as it quickens the pace of its global expansion.... read more


JAPAN: Fast Retailing wins bid for Cabin Co

21 August 2007 | just-style.com

Japan's Fast Retailing has won a tender offer to buy the common stock of Tokyo-listed Cabin Co, as it turns its eye away from the Barneys New York chain.... read more


US: Jones Apparel puts $22.5m price on brands to be sold

14 August 2007 | just-style.com

The value of the brands that Jones Apparel hopes to sell by the end of this year is $22.5m according to a filing posted with the Securities and Exchange Commission today (14 August).... read more


UAE: Istithmar plans five new Barneys stores

13 August 2007 | just-style.com

The chief executive of Istithmar, the Dubai-based investment group purchasing Barneys New York, has told a local radio station that the company intends to open five US stores upon completing the deal.... read more


JAPAN: Fast Retailing withdraws beaten bid for Barneys

9 August 2007 | just-style.com

Japan's Fast Retailing has announced the withdrawal of its amended proposal to acquire Barneys New York having been trumped by Dubai-based private equity firm Istithmar.... read more


US: Barneys takeover battle takes a twist

8 August 2007 | just-style.com

Jones Apparel Group has signed an amended definitive stock purchase agreement to sell its Barneys New York subsidiary to Dubai-based Istithmar for US$942.3m.... read more


JAPAN: Fast Retailing ups Barneys bid to $950m

6 August 2007 | just-style.com

Fast Retailing has today (6 August) ammended its bid to acquire Barneys New York from Jones Apparel to US$950m in cash, after a rival $900m bid was submitted by Istithmar.... read more


US: Jones posts quarterly loss of US$47.1m

2 August 2007 | just-style.com

Jones Apparel Group has reported a second quarter net loss of US$47.1m for the second quarter period, as the company prepares to offload its Barneys New York chain. Same-store sales fell 8%.... read more


JAPAN: Fast Retailing submits definitive offer for Barneys

31 July 2007 | just-style.com

Japan’s Fast Retailing group has moved forward with plans to buy Barneys New York from Jones Apparel Group for US$900m in cash, submitting a definitive proposal to acquire the luxury chain.... read more


US: Fast Retailing submits rival $900m bid for Barneys

5 July 2007 | just-style.com

Jones Apparel Group Inc has received an unsolicited offer for its Barneys New York subsidiary from Japanese apparel group Fast Retailing Co, the owner of the Uniqlo casual clothing chain, for $900m in cash – beating an $825m deal already inked with Dubai-based private equity house Istithmar.... read more


US: Istithmar to buy Barneys for $825m

25 June 2007 | just-style.com

Ending months of feverish negotiation and even more speculation, Dubai-based private equity house Istithmar said late Friday (22 June) that it had agreed to acquire Barneys New York from Jones Apparel Group about US$825m.... read more


US: Joseph Donnalley adds treasurer post at Jones Apparel

15 June 2007 | just-style.com

Joseph Donnalley, senior vice president of corporate taxation and risk management at Jones Apparel Group, has taken the additional post of treasurer.... read more


US: Jones Apparel stays guarded over Barneys sale

14 June 2007 | just-style.com

Jones Apparel is keeping its cards close to its chest amid mounting speculation that the company could offload its luxury retailer Barneys New York as soon as this week.... read more


US: Jones getting closer to Barneys sale?

13 June 2007 | just-style.com

The Jones Apparel Group is reportedly drawing closer towards a deal for its high-end fashion chain Barneys New York.... read more


UK: Philip Green back in the race for Barneys?

2 May 2007 | just-style.com

British billionaire and Arcadia Group owner Philip Green has apparently indicated that he might be back in the race to buy Barneys, the department store owned by Jones Apparel.... read more


US: Barneys sale lures investors - paper

30 April 2007 | just-style.com

A list of suitors has begun to surface for the Barneys chain, which has been put on the block by Jones Apparel.... read more


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