"Dubai private equity firm Istithmar is nearing a deal to buy the famous Barneys New York luxury department store chain. The deal, thought to be worth around $950 million, could be announced this week or early next week, according to the New York Post, bringing to an end negotiations that have dragged on for months. Sources close to the deal cautioned that talks could still break down as an agreement has yet to be signed". Source: ArabianBusiness.com.
I've been to Barney NY (heart heart heart) and to me, it excels, by far, all the department stores which I have been to so far (Jeffery's come in second). The purchase of Barneys means soon you'll be spending your hard earned (or not :P) money at yet another location in Dubai. As if we need an excuse to go to Dubai for the weekend. I love you Dubai, I love you Saks, I love you Harvey, and I LOVE YOOOOU Barneys.
I've been to Barney NY (heart heart heart) and to me, it excels, by far, all the department stores which I have been to so far (Jeffery's come in second). The purchase of Barneys means soon you'll be spending your hard earned (or not :P) money at yet another location in Dubai. As if we need an excuse to go to Dubai for the weekend. I love you Dubai, I love you Saks, I love you Harvey, and I LOVE YOOOOU Barneys.
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