A shift of power has occurred behind the scenes at Barneys: Perry Capital, formerly the department store's largest lender, has become its new owner. Richard Perry's hedge fund, which specializes in distressed assets, worked with Barneys' current owner, Istithmar World, and key lender The Yucaipa Companies, to secure the ownership.
Perry's wife is designer Lisa Perry; togs from her Spring collection are currently on offer exclusively at Barneys. Earlier this year, the Perrys' presence (and pull) at Barneys spurred criticism; Lisa's "newfound partnership" with the luxe retailer was celebrated with a lunch back in February.
No comments:
Post a Comment