General

Barneys New York's Fate Is Sealed After Authentic Brands Acquisition Gets Court Approval

A bankruptcy judge approved the bid on Oct. 31

Barneys New York's bankruptcy saga has come to an endGetty Images

Brandweek will feature live discussions with marketing pros at ULTA Beauty, Converse, UPS and more. Meet us in Miami Sept. 11–14 to boost your business and elevate your brand.

Barneys New York’s bankruptcy woes have come to an end—and likely, so has the store’s storied history as a standalone retailer.

On Oct. 31, a New York State bankruptcy court approved the sale of Barneys New York to Authentic Brands, parent company of brands like Frederick’s of Hollywood and Nine West, and financial services company B. Riley, a spokesperson for Barneys confirmed New York to Adweek.

Any last-minute buyers had until 10 a.m. on Nov. 1 to come forward with their bids, but none surfaced.