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Home > Company Index > Retail > Clothing, Shoe & Accessory Retailing > Barneys New York, Inc.

Barneys New York, Inc.
 NEWS FROM THE STANDARD
Designer's Republic
May 22 2000 12:00 AM PDT

Comings and Goings
May 01 2000 12:00 AM PDT

Out of Fashion
Nov 15 1999 12:00 AM PST

Boo.com's Bold Fashion Statement
May 10 1999 12:00 AM PDT

 PROFILE
Barneys New York is no purple dinosaur, even if it did have a brush with extinction. (The slimmed-down yet still debt-laden company emerged from Chapter 11 bankruptcy protection in 1999.) The tony retailer features upscale apparel for men, women, and children; shoes; accessories; and home furnishings. It operates eight full-price stores (including flagship stores in New York City; Beverly Hills, California; and Chicago) and 12 outlets. Barney Pressman founded the company in 1923 with money he raised by pawning his wife's engagement ring; the Pressman family now owns less than 2% of the company. Two investment firms, Bay Harbour Management and Whippoorwill Associates, each own about 38% of Barneys.

 COMPETITION
Federated Department Stores, Inc. (FD)
The May Department Stores Company (MAY)
Saks Incorporated (SKS)

 FINANCIAL OVERVIEW
Fiscal Year-End: January
2001 Sales (mil.): 404.30
1-Yr. Sales Growth: 10.2%
Employees: 1,400
Revenue per employee: $288,785.71

 KEY PEOPLE
• Howard Socol
    CEO
• Steven M. Feldman
    CFO

 CONTACT INFO
575 5th Ave.
New York, NY 10017
US
Phone: 212-450-8300
Fax: 212-450-8489
Online: Web Site

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