Retail

‘Barneys is an example of how tough it is out there’

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Helena Foulkes attends the 2018 National Retail Federation Gala at Pier 60 on January 14, 2018 in New York City.

Dia Dipasupil | Getty Images Entertainment | Getty Images

Hudson’s Bay Company CEO Helena Foulkes knows the department store sector is troubled.

“Barneys [New York] is an example of how tough it is out there,” Foulkes said during a discussion at WWD’s Apparel & Retail CEO Summit in New York on Tuesday afternoon. “People … loved Barneys. We hope very much to learn from what they loved about Barneys [to] help us build on our experiences themselves.”

Barneys New York filed for bankruptcy protection in August and has since been fighting for its life, putting other U.S. department…



Source cnbc.com

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