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Barneys Makes Its First Move Under New Ownership

PAPERMAG

Barneys Makes Its First Move Under New Ownership<br><br>PAPERMAG
Barneys Makes Its First Move Under New Ownership
SOURCE: PAPERMAG

Since being acquired by Authentic Brands Group a year ago, many people have been waiting see what would unfold next for Barneys New York, the iconic department store that served as a fashion institution for decades. Now, after staying off the grid for most of 2020, Barneys is officially back with its first move under new ownership, launching a new capsule collection with streetwear brand Krost. (Its plans to relaunch inside Saks Fifth Avenue stores have been pushed back to next year due to COVID-19.)

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