Retail Detail. Will Barneys Be on the Next Boat? Second City Style Fashion Blog

Fountain of 30

April 12, 2007 • Shopping

Logo_bny Pg_221085237_fs Jersey Halter Dress, $595 from Barneys Pg_108045194_th Large pocket tote $650 from Barneys

It’s on the block for $1 billion and it looks like the frontrunner is a royal family from Qatar. Is Barney’s pulling a Harrod’s? Miles Socha and Vicki Young report for WWD Big Deal for Barneys: Jones Said Near Sale Of the Upscale Retailer NEW YORK — Barneys New York could soon come under foreign ownership. According to market sources here and overseas, a private equity fund linked to the royal family of Qatar appears to be the front-runner in the bidding for Barneys, with an offer of more than $1 billion. Although any deal might still fall apart, a sale could be announced in the next few days, a number of sources in the finance and retail sectors said. For full story go to WWD.com

–Joanne Molina for Second City Style

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