NEW YORK — Barneys New York Inc., at the top of its game, is now up for sale.
The high-end firm with flagships on Madison Avenue and in Beverly Hills and Chicago said it hired Peter J. Solomon Co. and Morgan Stanley as its financial advisers to explore “strategic alternatives,” including the sale of the company. Shares jumped 27.45 percent in trading Wednesday following the news.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)