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Saks bags retail license as Authentic Brands Group wins bid to buy Barneys New York

Authentic Brands Group hopes to bring the attitude back to Barneys New York. Image credit: Barneys New York Authentic Brands Group hopes to bring the attitude back to Barneys New York. Image credit: Barneys New York

 

Authentic Brands Group has won the bid to buy the intellectual property of troubled department store chain Barneys New York.