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Barneys New York officially being sold piece by piece

Posted on - Anne DInnocenzio The Associated Press

NEW YORK — Barneys New York, which once reigned in the world of high fashion, is now being sold piece by piece.The iconic department store retailer, founded in 1923, was officially sold on Friday to fashion licensing company Authentic Brands Group and financial firm B. Riley for $271.4 million.The sale follows approval by a bankruptcy court judge on Thursday. The judge left room for another bidder […]