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Retail Expert Says ABG’s $270 Million Barneys Bid Equals ‘Significant Discount’

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Nautica and Vince Camuto parent company Authentic Brands Group, emboldened perhaps by BlackRock’s $875 million August investment, is inching closer to finalizing a $270 million offer to snatch bankrupt Barneys New York from the yawning maw of liquidation. Though the brand management firm’s bid could finally write the next chapter in Barneys’ financial melodrama, OC&C Strategy Consultants…

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