Overview
- Authentic Brands Group has held talks with the owner of 660 Madison Avenue about reviving Barneys in its former flagship, according to WWD, and the company declined to comment.
- An operating partner has not been named, and reporting linked to WWD says a smaller U.S. Barneys concept is also being developed.
- Saks Fifth Avenue's exclusive U.S. rights to the Barneys name were released after Saks Global's January bankruptcy, removing a key licensing hurdle.
- The 220,000-square-foot Madison Avenue space has been largely vacant since Barneys closed in 2019, apart from temporary exhibits.
- Nine licensed Barneys stores continue to operate in Japan, and a scripted TV series about a Manhattan reopening remains in development.