Quotes

“At Barneys New York, our customers remain our top priority and we are committed to providing them the excellent services, products, and experiences they have come to expect,” Barneys New York said in a statement.

“We continue to work closely with all of our business partners to achieve the goals we’ve set together and maximize value. To that end, our board and management are actively evaluating opportunities to strengthen our balance sheet and ensure the sustainable, long-term growth and success of our business,” the company added.

“We continue to evolve our strategy and business model for the benefit of all of our stakeholders through our forward-thinking and uniquely modern approach,” Barneys said

On a more positive end

Barney’s said it will open new stores in New Jersey and in Miami Beach. It also has a new store in Las Vegas and it recently announced the launch of a “cannabis lifestyle” shop in Beverly Hills called “The High End.” Hopefully, Barneys will recover from its difficult situation in New York.

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