Good news for Barneys New York came last week when they announced sales had risen 7% for the month of October when compared to last year. For the month of September the company posted a 9% loss when compared to the same time last year. Unlike last year when retailers were slashing prices up to 75% off in early November this year retailers like Barneys New York are holding off on markdowns. Barneys reports that the top performing stores include their flagships in Chicago, New York, and Beverly Hills.
Source WWD
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