The Barney’s New York
The high end department store chain had a less than auspicious start when Barney Pressman opened his first store in Manhattan in 1923 with the $500 he raised from pawning his wife’s engagement ring.Since then the store has had its ups and downs, going through bankruptcy in the mid-2000s. Today the majority owner is Perry Capital, an owner who looks set to expand the stores flagship presence to Miami.
The Perfect Match of Barneys and Bal Harbour
There is no word on when construction will happen yet, but it looks as though Barneys New York has chosen Bal Harbour Shops as the venue for its first flagship outlet.
Barneys had other prospective Miami venues in mind for their next flagship enterprise, as well as Bal Harbour; the Design District and Brickell City Centre. But Bal Harbour seems to have won the day.
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