Barneys Restaurant Freds to Remain Open Despite the Liquidation

After the $271 million USD sale to Authentic Brands.

By
Food & Beverage
1,301 Hypes 0 Comments

As Barneys enters liquidation following its $271 million USD sale to Authentic Brands, reports are noting that the iconic luxury department store’s restaurant Freds will remain open.

Despite the licensing firm’s plans to close all seven remaining stores and license the “Barneys” name Saks Fifth Avenue for a series of satellite boutiques, Freds will continue to serve the customer base it has amassed since 1996. Freds will be part of the transformation of the Madison Avenue Barneys flagship into a “venue for temporary art exhibits and other, non-Barneys-related ‘experiential’ events” before its eventual closing come February 2020.

Stay tuned for more details.

For more food news, McDonald’s is bringing back beloved toys to celebrate the 40th-anniversary of the Happy Meal.

Read Full Article

What to Read Next

Facebook Company Rebrands Itself as "FACEBOOK" Amidst Calls for Government-Led Breakup
Tech

Facebook Company Rebrands Itself as "FACEBOOK" Amidst Calls for Government-Led Breakup

Distinguishing Mark Zuckerberg’s parent company from the site and app.

Sada Baby Continues His Hot Streak on "2K20"
Music

Sada Baby Continues His Hot Streak on "2K20"

One of Detroit’s brightest talents.

Trippie Redd Debuts New 'Love Letter to You 4' Visual & Single "Love Me More"
Music

Trippie Redd Debuts New 'Love Letter to You 4' Visual & Single "Love Me More"

The follow-up to ‘!’ is on the way.


Nike Fuses Classic Air Huarache and Air Max 1 for New "87 x 91" DNA Series Pack
Footwear

Nike Fuses Classic Air Huarache and Air Max 1 for New "87 x 91" DNA Series Pack

Each silhouette takes on the other’s most famous color scheme — and some of its signature details as well.

Bentley Motors Loses Major Lawsuit Against Family-Owned Clothing Company of Same Name
Fashion

Bentley Motors Loses Major Lawsuit Against Family-Owned Clothing Company of Same Name

“[This] case shows the power of trademarks to protect the rights of even the smallest of companies against large multinationals.”

Vans Hosts eBay Charity Auction for Annual Checkerboard Day
Footwear

Vans Hosts eBay Charity Auction for Annual Checkerboard Day

Proceeds will go towards the non-profit Imagination Foundation.

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Help us serve you better

We appreciate your support in allowing HYPEBEAST ads, where we can share contents from the latest fashion, to those culturally relevant. In adding HYPEBEAST to your ad blocker's whitelist, ads on our sites will show while you continue to browse.