Barneys New York officially kicked off its liquidation sale this week, but some shoppers are unimpressed with the discounts.
Barneys New York began liquidation sales this week, both in its seven remaining stores and online, after the company was sold to Authentic Brands Group in bankruptcy court last week. Despite buzz over the sales, many shoppers took to social media to scoff at the meager discounts, as most items are priced at just 5-10% below their original cost. According to a Barneys spokesperson, the discounts will increase in the coming weeks, and"every last item will be sold.
Barneys New York began liquidation sales this week, both in its seven remaining stores and online, after the company was sold to Authentic Brands Group in bankruptcy court last week. Despite buzz over the sales, many shoppers took to social media to scoff at the meager discounts, as most items are priced at just 5-10% below their original cost. According to a Barneys spokesperson, the discounts will increase in the coming weeks, and"every last item will be sold.
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