In August, Barneys New York announced that the company filed for bankruptcy. Kith investor Sam Ben-Avraham launched a Save Barneys NY campaign and reportedly bid $260 million to keep the retailer open but later withdrew his bid. On Thursday, October 31, Barneys' ongoing bankruptcy saga ended after a judge approved a deal to sell Barneys to Authentic Brands Group and B. Riley Financial Inc. for $271.
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