NEW YORK — The financial pressure is back on Barneys New York, which continues to be dogged by debt concerns and speculation that certain stores are struggling.
On Wednesday, the $700 million luxury retailer confirmed it has hired law firm Kirkland & Ellis LLP to help renegotiate its $200 million revolving credit loan due in September. Barneys also has a $280 million term loan due in September 2014 and a $180 million payment-in-kind loan due March 2016, but immediate concerns center on the revolver.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)