Barneys New York, Inc. – Time Runs Out on Going Concern Sale Dreams as DIP Lenders Back Sale to Authentic Brands Group

October 31, 2019 – Further to an October 31st sale hearing, the $271.4mn sale of substantially all of the Debtors' assets to stalking horse ABG-Barneys, LLC ("ABG-Barneys") has been approved. ABG-Barneys is an acquisition vehicle created by Authentic Brands Group ("ABG") which owns over 50 brands including Nine West, Nautica and Hickey Freeman.  A sale…