Barneys New York Purchased by Dubai. Yes, the Country.

The New York Times reported on Saturday that Barneys New York was purchased by the government of Dubai -- for $825 million. This is the fashion Mecca of the U.S. Seriously. Cat lived down the street from the Co-op on 17th, and when Barneys had its twice annual sale, people would line up around the block to claw each others eyes out over some slip of well-monikered fabric.

As Flypaper points out, the sale is the equivalent of the Fed deciding to buy Collette in France or Harrod's in Britain. Weird.

Read all about it here.

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.


All-access pass to the top stories, events and offers around town.

  • Top Stories


All-access pass to top stories, events and offers around town.

Sign Up >

No Thanks!

Remind Me Later >