With Barneys in Financial Trouble, Can Iconic Department Stores Be Saved?

Will New York keep its status as a fashion capital?

Barney's New York sign on building
Madison Avenue used to be the heart of the fashion world, thanks to its many luxury retailers. Getty Images

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.

@dianapearl_ diana.pearl@adweek.com Diana is the brand marketing editor at Adweek and managing editor of Brandweek.