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Barneys
Barneys New York Inc. is an American luxury brand founded in New York City in 1923. It has introduced major designers including Armani, Azzedine Alaïa, Comme des Garçons, Christian Louboutin, and Ermenegildo Zegna to the US market. Barneys New York was sold in November 2019 to Authentic Brands Group for $271.4 million. ''The New York Times'' reported that Authentic Brands Group's strategy is "essentially betting that the future of retail lies with abstract values." On Friday, January 15, 2021, Saks Fifth Avenue unveiled a 54,000-square-foot space on the fifth floor of its flagship in New York, titled Barneys at Saks. The collaboration is aimed at continuing Barneys New York tradition of unearthing and promoting emerging designers. On Monday, January 25, 2021, Saks Fifth Avenue unveiled the first standalone Barneys at Saks store at a 14,000-square-foot location in Greenwich, Connecticut. Operations under Pressman family ownership Early history Barney Pressman initially opene ...
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Fred Pressman
Fred Pressman (1923 – July 14, 1996) was the chairman of Barneys New York. He assumed the role after taking over from his father, Barney Pressman. Under Fred Pressman's leadership, the store changed from being a discount men's suit shop to a luxury department store showcasing designer fashion. Early life and education Pressman was born in New York City, the son of Barbara and Barney Pressman.Barney Pressman, Retailing Legend, Is Dead at 96
'''', STEPHANIE STROM, August 27, 1991
His father founded Barneys, a clothing store that focused on selling name



Barney Pressman
Barney Pressman (December 14, 1894 – August 24, 1991) was an American businessman and founder of Barneys New York retail store.New York Times: "Barney Pressman, Retailing Legend, Is Dead at 96" By STEPHANIE STROM
August 27, 1991


Early life

Pressman was born to a family, the son of an owner of a clothing store. He was one of seven children and was raised on the Lower East Side of

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Saks Fifth Avenue
Saks Fifth Avenue (originally Saks & Company; Colloquialism, colloquially Saks) is an American Luxury goods, luxury department store chain headquartered in New York City and founded by Andrew Saks. The original store opened in the F Street and 7th Street shopping districts, F Street shopping district of Washington, D.C. in 1867. Saks expanded into Manhattan with its Herald Square store in 1902 and Saks Fifth Avenue flagship store, flagship store on Fifth Avenue in 1924. The chain was acquired by Tennessee-based Proffitt's, Inc. (renamed Saks, Inc.) in 1998, and Saks, Inc. was acquired by the Canadian-founded Hudson's Bay Company (HBC) in 2013. Subsidiary Saks Off 5th, originally a clearance store for Saks Fifth Avenue, is now a large off-price retailer in its own right managed independently from Saks Fifth Avenue under HBC. History Early history Andrew Saks was born to a German Jewish family, in Baltimore. He worked as a peddler and paper boy before moving to Washington, D ...
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Christian Louboutin
Christian Louboutin (; born 7 January 1963) is a French fashion designer whose high-end stiletto footwear incorporates shiny, red-lacquered soles that have become his signature. Initially a freelance designer for fashion houses, he started his own shoe salon in Paris, with his shoes finding favor with celebrity clientele. He has partnered with other organizations for projects including limited edition pieces, gallery exhibits and a custom bar. His company has since branched out into men's luxury footwear, handbags, fragrances and makeup. Early life Louboutin was born and raised in Paris. He was the only son of Roger, a cabinet-maker, and Irene, a homemaker from Brittany. He has three sisters. Louboutin said in a 2012 interview that he was "much darker-skinned than everyone else in his family. You know, I felt I wasn't French. My family was very French and so I decided they had probably adopted me. But instead of feeling it was terrible and that I was an outsider who had to ...
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Authentic Brands Group
Authentic Brands Group LLC (ABG) is an American brand management company headquartered in New York City. Its holdings include various apparel, athletics, and entertainment brands, for which it partners with other companies to license and merchandise. ABG owns more than 50 consumer brands, as well as the likeness rights or estates of celebrities, including Muhammad Ali, Elvis Presley, and Marilyn Monroe. History The company was founded in 2010 by Jamie Salter, after he stepped down as CEO of Hilco Consumer Capital, a company that was involved in the restructuring of struggling consumer brands (such as Bombay Company and Polaroid Corporation). Salter invested US$250 million in the new venture, and the majority of the equity was sold to Leonard Green & Partners. Two of ABG's first major purchases were the clothing brands Silver Star and Tapout. In January 2011, Authentic Brands Group acquired rights to the likeness of Marilyn Monroe. In October 2013, ABG announced the purchase of ...
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Madison Avenue
Madison Avenue is a north-south avenue in the borough of Manhattan in New York City, United States, that carries northbound one-way traffic. It runs from Madison Square (at 23rd Street) to meet the southbound Harlem River Drive at 142nd Street. In doing so, it passes through Midtown, the Upper East Side (including Carnegie Hill), East Harlem, and Harlem. It is named after and arises from Madison Square, which is itself named after James Madison, the fourth President of the United States. Madison Avenue was not part of the original Manhattan street grid established in the Commissioners' Plan of 1811, and was carved between Park Avenue (formerly Fourth) and Fifth Avenue in 1836, due to the effort of lawyer and real estate developer Samuel B. Ruggles, who had previously purchased and developed New York's Gramercy Park in 1831, and convinced the authorities to create Lexington Avenue and Irving Place between Fourth Avenue (now Park Avenue South) and Third Avenue in order to s ...
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Azzedine Alaïa
Azzedine Alaïa (; ar, عز الدين عليّة, ʿIzz ad-Dīn ʿAlayya, ; 26 February 1935 – 18 November 2017) was a Tunisian couturier and shoe designer, particularly successful beginning in the 1980s. Early life Alaïa was born in Tunis, Tunisia, on 26 February 1935. His parents were wheat farmers, but his glamorous twin sister, Hafida, inspired his love for couture. A French friend of his mother, Mrs. Pineau, fed Alaïa's instinctive creativity with copies of ''Vogue''. He lied about his age to get into the Tunis Institute of Fine Arts, a local school of fine arts in Tunis, where he gained valuable insights into the human form and began studying sculpture. He worked as a dressmaker with his sister to pay for school supplies. Career After his graduation, Alaïa began working as a dressmaker's assistant. He soon began dressing private clients, and in 1957 he moved to Paris to work in fashion design. In Paris, he started to work at Christian Dior as a tailleur, but had to ...
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Business Week
''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City in September 1929. Bloomberg Businessweek business magazines are located in the Bloomberg Tower, 731 Lexington Avenue, Manhattan in New York City and market magazines are located in the Citigroup Center, 153 East 53rd Street between Lexington and Third Avenue, Manhattan in New York City. History ''Businessweek'' was first published based in New York City in September 1929, weeks before the stock market crash of 1929. The magazine provided information and opinions on what was happening in the business world at the time. Early sections of the magazine included marketing, labor, finance, management and Washington Outlook, which made ''Businessweek'' one of the first publications to cover national political issues that directly impacted the ...
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Bill Blass
William Ralph Blass (June 22, 1922 – June 12, 2002) was an American fashion designer. He was the recipient of many fashion awards, including seven Coty Awards and the Fashion Institute of Technology's Lifetime Achievement Award (1999). Early life Blass was born in Fort Wayne, Indiana, the son of Ralph Aldrich Blass, a traveling hardware salesman, and his wife, Ethyl (Keyser) Blass. In his autobiography, Blass wrote that the margins in his school books were filled with sketches of Hollywood-inspired fashions instead of notes. At fifteen, he began sewing and selling evening gowns for $25 each to a New York manufacturer. At seventeen he had saved enough money to move to Manhattan and study fashion. At eighteen, he was the first male to win '' Mademoiselle'''s Design for Living award. He spent his salary of $30 a week on clothing, shoes and elegant meals. In 1943, Blass enlisted in the Army. Due to his intelligence and talent, he was assigned to the 603rd Camouflage Battalion. I ...
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Pierre Cardin
Pierre Cardin (, , ), born Pietro Costante Cardino (2 July 1922 – 29 December 2020), was an Italian-born naturalised-French fashion designer. He is known for what were his avant-garde style and Space Age designs. He preferred geometric shapes and motifs, often ignoring the female form. He advanced into unisex fashions, sometimes experimental, and not always practical. He founded his fashion house in 1950 and introduced the " bubble dress" in 1954. Cardin was designated a UNESCO Goodwill Ambassador in 1991, and a United Nations FAO Goodwill Ambassador in 2009. Career Cardin was born near Treviso in northern Italy, the son of Maria Montagner and Alessandro Cardin. His parents were wealthy wine merchants, but lost their fortune in World War I. To escape the blackshirts they left Italy and settled in Saint-Étienne, France in 1924 along with his ten siblings. His father wanted him to study architecture, but from childhood he was interested in dressmaking. Cardin moved to Pa ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Christian Dior
Christian Ernest Dior (; 21 January 1905 – 24 October 1957) was a French fashion designer, best known as the founder of one of the world's top fashion houses, Christian Dior SE, which is now owned by parent company LVMH. His fashion houses are known all around the world, specifically "on five continents in only a decade" (Sauer). He was the second child of a family of seven, born to Maurice Dior and Madeleine Martin, in the town of Granville. Dior's artistic skills led to his employment and design for various well-known fashion icons in attempts to preserve the fashion industry during World War II. Post-war, he founded and established the Dior fashion house, with his collection of the " New Look" revolutionising women's dress and contributing to the reestablishment of Paris as the centre of the fashion world. Throughout his lifetime, he won numerous awards for Best Costume Design. Upon his death in 1957, various contemporary icons paid tribute to his life and work. Early ...
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