WWD.com/business-news/financial/moodys-downgrades-barneys-debt-1849728
financial
financial

Moody’s Downgrades Barneys’ Debt

By Evan Clark
with contributions from David Moin
financial/news
Shrinking profit margins, negative comparable-store sales and an empty corner office added up to a debt downgrade for Barneys New York on Monday.

Moody’s Investors Service cut the retailer’s...