DUBAI / GULF TIME Danube Properties has announced the launch of Serenz by Danube, a …
Read More »Barneys files for bankruptcy struggling with rivals, rent
Bloomberg Barneys New York Inc filed for bankruptcy protection from creditors and laid out plans to shutter most of its stores after getting squeezed by rising rents and fewer visitors to its luxury fashion stores. The Chapter 11 filing in New York allows the department-store chain to stay open while it seeks to sell a slimmed-down business and to negotiate …
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