BoF Exclusive | The Fancy Raises Additional Funding From Owner of Barneys New York

The Fancy | Source: Fancy.com

BoF has learned that social commerce site The Fancy has raised an additional $7 million from a group of investors including Richard C Perry, owner of Barneys New York, and his son David Perry, who works at The Fancy.

…Continue Reading

Barneys deleverages, Luxury sector grows, Amazon Fashion, Gamification, Met Gala glamour

Barneys New York | Source: Ology

Two Financiers Take Control of Barneys, Ending Its Debt Struggles (NY Times) “Barneys New York, one of New York’s bastions of high fashion, ended years of struggles with its hefty debt load by selling itself to the financiers Richard C. Perry and Ronald W. Burkle.” Global luxury goods sector continues to grow (Business Week) “Monitor Altagamma said Monday that luxury spending in China is expected to grow by 18

…Continue Reading