Barney Pressman founded Barneys New York in 1923. Pawning his wife’s engagement ring for $500, he rented a small storefront on 7th Avenue and West 17th Street in Manhattan. Barneys originally sold discounted clothing that he purchased from showroom samples and overstocks. The company also offered free parking and free alterations to attract more customers.
The company did a complete turnaround in 1973 when Fred Pressman, son of founder Barney Pressman, decided that the company could do better than selling discount items. The company began to stock designer, high end clothing items from designers such as Armani, Bill Blass, and Christian Dior.
In 2004, the Pressman family sold their remaining interest in Barneys. Today, the company is mainly owned by Perry Capital. The company has 27 locations and had revenue in 2015 of $1 billion.
Barneys New YorkBarney Pressman founded Barneys New York in 1923. Pawning his wife’s engagement ring for $500, he rented a small storefront on 7th Avenue and West 17th Street in Manhattan. Barneys originally sold discounted clothing that he purchased from showroom samples and overstocks. The company also offered free parking and free alterations to attract more customers.
The company did a complete turnaround in 1973 when Fred Pressman, son of founder Barney Pressman, decided that the company could do better than selling discount items. The company began to stock designer, high end clothing items from designers such as Armani, Bill Blass, and Christian Dior.
In 2004, the Pressman family sold their remaining interest in Barneys. Today, the company is mainly owned by Perry Capital. The company has 27 locations and had revenue in 2015 of $1 billion.
Tisha says
So i went into barney gas station on 6127 monroe st Sylvania ohio at 715pm i walk in the cashier was on her phone maybe texting i said to her i would like to get 1 lottery ticket she said nothing and just looked over at me so i still stood there patiently and 2 more customers came into the store the one guy came over by the register he waited 30 secs she said to him I’m sorry about the wait i said excuse me but i been standing here waiting. She said ” i don’t know what to tell you the line is over here you can wait or get out” i said wow then i asked for her name Then she took off her name tag as you see in the picture she took it off and yelled at me and told me to get out. Anyone who knows me know that i am a kind person and don’t like drama so i said i will be speaking to cooperate. Was it a race issue? Since i was the only black person in the store.. It all was just so unfair?
josh says
Hi. I was in bh store a week ago. 5th floor ,mens suits. We were subjected to man loudly on his cell phone proclaiming his anti muslim and racist opinions. Letting us all know he doesnt serve people of color or muslims. He has the biggest flag in town on his business he let us know. He started wandering the 5th floor screaming into his phone.
We were made to feel very uncomfortable. We left after listening to 20 minutes of this.
We were shocked Baneys would allow this and very suprised no security or salesperson , at the least , asked him to keep his voice down. Very dissapointed .
Thank you