It's no secret that Barneys is in the process of recovering from its fair share of money troubles. Following bankruptcy in 1999, a decade of financial ups and downs, and a major overhaul of its executive team two years ago, the retailer was bought by New York–based hedge-fund manager Richard Perry this past May. Perry, who is profiled by Cathy Horyn in the forthcoming Sunday Times Magazine, acquired the store from Dubai-based Istithmar World and ushers in what could be a new era for the store.
Via: The Man Who Bought Barneys: Eight Things to Know
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