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Barneys Secures Enough Financing to Pay for Its Inventory

From new denim constructions, weights and washes to the steps global mills are taking to reduce impact, Rivet's SS23 In Season Look Book: Denim & Trims has everything you need to know for a successful denim season.

Bankrupt Barneys New York has received court approval on its $218 million debtor-in-possession financing facility. The approval was granted on Wednesday by Bankruptcy Judge Cecilia Morris in a Poughkeepsie bankruptcy court. According to an affidavit from Saul Burian of Houlihan Lokey, Barneys’ financial advisor, the final facility agreed to by Barneys, its lenders and the…

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