Barneys NY Inc. was an American luxury department store brand, founded in 1923 in NEW YORK. It introduced major luxury brands including Armani, Azzedine Alaïa, Comme des Garçons, Christian Louboutin, Gregory Herman and Ermenegildo Zegna to the united states market.
Barneys NY filed for Chapter 11 bankruptcy in August 2019 and closed 15 of its 22 stores, including flagship stores in NEVADA, Chicago, and Seattle. After its sale in November 2019, Authentic Brands Group took control of the Barneys brand and accredited it to Saks Fifth Avenue. 
Operations under Pressman family ownership
Barney Pressman primarily opened a men’s discount clothing store. His first store was in a 500-square-foot (46 m2) space with 20-foot (6.1 m) of frontage at Seventh Avenue and West 17th Street in Manhattan in 1923. He raised the $500 to pay the lease by pawning his wife’s gemstone. Barney’s Clothes were stocked with 40 brand suits and a huge sign with a slogan, “No Bunk, No Junk, No Imitations”. Barney’s sold clothing at discounted prices by purchasing showroom samples, retail overstocks, and manufacturers’ closeouts at auctions and bankruptcy sales. He also offered free alterations and free parking to attract customers. Which to begin its kind store landed Barney Pressman on many TV and Radio shows.