On the record · Other
Barneys New York
Hedge fund Perry Capital took majority control of Barneys New York in May 2012 by converting debt to equity. Barneys filed Chapter 11 in August 2019 and closed its remaining US stores by February 2020.
Research depth
Outcomes researched
Reviewed operating findings or a classified operating outcome are available.
Record updated Sept. 4, 2026
Current ownership
Current owner not established
This record does not identify a current owner. That absence is a gap in the record, not a conclusion about ownership.
Ownership and transaction history
Chronology from recorded ownership periods, transactions and reviewed outcome events. Event order does not imply causation.
Oct. 25, 2019
Revival or successor activity recorded
Operating outcome
Feb. 23, 2020
Operations ceased
Operating outcome
What happened under and after ownership
Operating outcome
Ceased operations, then returned
Filed Chapter 11 on August 6, 2019, closing 15 of 22 stores immediately; Perry Capital, the hedge fund that had held majority control since 2012, ceased to be the owner. All remaining stores closed permanently by February 23, 2020.
Authentic Brands Group bought the Barneys name and IP for $271.4 million in October 2019 and has since relaunched Barneys beauty and fragrance lines; as of 2026 the brand also operates through licensed stores in Japan and South Korea.
Owned by Authentic Luxury Group, an Authentic Brands and Saks Global venture; no Barneys store has operated in the US since February 2020.
- Founded
- 1923
- Sponsor at closure
- Perry Capital
- Cause
- Debt left at exit
- Wikipedia · founded 1923 by Barney Pressman; Istithmar's 2007 purchase; Perry Capital's May 2012 majority acquisition; August 6, 2019 second bankruptcy with 15 of 22 stores
- Wikipedia · Perry Capital acquired ownership of Barneys in May 2012, reducing its debt from $590 million to $50 million, and remained majority owner until Barneys was 'sold
What we do not know
These are gaps in the public record, not findings about the organization.
- No current public ownership assessment has been published.
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