By and  on August 5, 2019

The next step for Barneys New York appears to be bankruptcy court — and it is said to have lined up $75 million in debtor-in-possession financing from Hilco and Gordon Brothers.

A source said $25 million of that would go to pay vendors post-bankruptcy. Brands have over the past few weeks cut back on their shipments to the cash-strapped retailer.

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