Following this week's news that nearly 800 Barneys employees in New York could lose their job in just two weeks, Page Six hears that some employees of the bankrupt luxury retailer were not doing well.
An employee was overheard in the city telling a friend of the scene: "It's three hours of cozy lunches, getting drunk, things not being paid, it's chaos. People leave left and right. "
But another source in the store insisted on us," There is no chaos in the office. ”
The Post reported Thursday that Barneys has been sold to the Authentic Brands Group for $ 271.4 million, after several other competing bidders at the last moment failed to get approval. When Authentic takes over, layoffs will reportedly hit the employees of Barney's two Manhattan stores, its e-commerce unit and back-office facility in Long Island City, its Woodbury Common sales center and its Fifth Avenue HQ.
However, a fashion chain representative told Page Six that they "continue to work toward a value-maximizing" transaction and that the brand was still in target. Other deadlines included a group led by Sam Ben-Avraham.