Saks Pushing Back Its Barneys Relaunch Plans, CEO Says
The coronavirus pandemic has sidelined efforts to revive the Barneys New York brand, The Post has learned. Barneys — an iconic high-end retailer that shuttered all of its stores for good in February after filing for bankruptcy last year — had been slated to make a splashy comeback in September as a boutique on the fifth floor of Saks Fifth Avenue’s flagship in Midtown Manhattan. “We would have had a party and a performance with a famous person,” Saks CEO Marc Metrick told the New York Post in an interview. But Saks is pushing back those plans until spring as the pandemic continues to put a damper on dress-to-impress purchases. And next year’s Barneys’ relaunch will be limited to Saks’ New York flagship and a small stand-alone store in Greenwich, Conn. as it postpones plans to open Barneys boutiques at other Saks locations in the U.S. and Canada. Read more at New York Post.
