With Barneys in Financial Trouble, Can Iconic Department Stores Be Saved?
Will New York keep its status as a fashion capital?

Madison Avenue used to be the heart of the fashion world, thanks to its many luxury retailers.
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New York City’s department store landscape has long been defined by one letter: B. That could stand for Bloomingdale’s, Bergdorf Goodman, the recently shuttered Henri Bendel and, of course, Barneys New York.