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Published on 10/17/2019 in the Prospect News Distressed Debt Daily.

Barneys New York posts $6.9 million operating loss for Sept. 1-Oct. 5

By Caroline Salls

Pittsburgh, Oct. 17 – Barneys New York, Inc. reported a $6.9 million operating loss for the period of Sept. 1 through Oct. 5 on $52.9 million in net revenue, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Southern District of New York.

The net loss for the period was $8.57 million.

The company had $13.97 million in cash and cash equivalents as of Oct. 5.

Barneys is a New York-based luxury specialty retailer. The company filed bankruptcy on Aug. 6 under Chapter 11 case number 19-36300.


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