Istithmar
US: Perry Capital takes majority stake in Barneys
Barneys New York has been taken over by Perry Capital in a debt-for-equity swap that reduces the US luxury department…
US: Loehmann’s completes restructuring
US fashion retailer Loehmann's Holdings said it has successfully completed its restructuring and emerged from Chapter 11 bankruptcy proceedings. The…
US: Loehmann’s seals restructuring plan
Discount retailer Loehmann's has reached agreement with the official committee of unsecured creditors to proceed with its restructuring plan. It…
US: Discount retailer Loehmann’s in bankruptcy filing
Off-price designer fashion and furnishings retailer Loehmann's Capital Corp today (15 November) filed for Chapter 11 bankruptcy protection in a…
US: Barneys appoints new CEO
Luxury retailer Barneys New York has announced the appointment of Mark Lee to the company as CEO, effective 1 September.…
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US: Barneys thought to be on CEO search
US media reports indicate New York fashion retailer Barneys is to start looking again for a CEO. The operator was…
US: Barneys to receive $50m cash injection – report
New York fashion retailer Barneys may receive a cash injection of $50m in exchange for a controlling stake from supermarket…
US: Barneys owners halt expansion into China – report
Plans to expand US chain Barneys New York into China have been shelved by its owners, according to a US…
US: Barneys gets cash lifeline from owner
Recession-hit retailer Barneys New York has been thrown a cash lifeline by owner Istithmar World Capital, enabling it to pay…
US: Barneys owners looking to sell – report
Dubai-based investment group Istithmar is reportedly looking to sell on the Barneys New York department stores it purchased less than two…