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EXCLUSIVE: Authentic Brands Said to Be Weighing Barneys Revival on Madison Avenue [Yahoo! Finance]

Ermenegildo Zegna N.V. Ordinary Shares (ZGN) 
Company Research Source: Yahoo! Finance
Sources tell WWD that Salter has been probing the possibility of reviving Barneys on Madison Avenue — in the same location where the luxury retailer operated its flagship until its 2019 bankruptcy, a process the opened up the door for Authentic to buy the company. More from WWD Champion Teams With U.K. Streetwear Brand Aries on Capsule Mark, Jarrod Weber Among Honorees at Upcoming Father's Day Lunch No Qualified Bids Received for Eddie Bauer Stores, Closures to Continue One source said, “There have been a few conversations happening with the landlord, about that space in particular.” Authentic would have to find an operator for Barneys on Madison Avenue. “That search is happening,” the source said. Saks Fifth Avenue had the exclusive rights for retailing Barneys in the U.S., but those rights have been released due to the bankruptcy of Saks Global in January. Separate from reviving Barneys on Madison Avenue, Authentic is said to be planning a small store Barneys concep Show less Read more
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