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Can Barneys Pay Suppliers with $28.1 Million?

Sourcing Summit NY — Join us on Oct. 17 for the must-attend apparel supply chain conference.

Barneys New York has just $28.1 million left in working capital to fund its bankruptcy after the embattled luxury retail chain pays off its pre-petition secured lenders. That just might be enough to last through October, but barely, some financial observers in the fashion industry concluded. The high-end luxury retailer last week received interim court…

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