U.S. luxury department-store chain Barneys New York Inc has reached an agreement to sell its assets to brand developer Authentic Brands Group and investment bank B. Riley Financial Inc, a court document showed.
U.S. luxury department-store chain Barneys New York is nearing a roughly $270 million deal with brand developer Authentic Brands Group that could lead to Barneys shops opening in Saks Fifth Avenue stores.
The Gap Inc. confirmed on Monday that it has purchased premium kids’ fashion brand Janie and Jack from Gymboree Group Inc., following the children’s clothing retailer’s second filing for bankruptcy in January.
Newly relaunched children's retailer Gymboree has announced a series of collaborations with fashion designer Rachel Zoe, including a curated list of Holiday looks and a co-designed Spring 2019 collection.
U.S. girls’ accessories retailer Claire’s Stores Inc has hired investment bank Lazard Ltd to advise it on ways to address its debt burden, as several brick-and-mortar store operators suffer from a drop in mall traffic.