Women’s Wear Daily
04.18.2014
markets-features
markets-features

People's Choice for Newsmaker of the Year: Emanuel Chirico

The top 10 vote-getters as selected by visitors to wwd.com.

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Richard Perry

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Most Recent Articles In The Markets Features
Most Recent Articles In The Markets Features

3. Richard Perry, chairman, Barneys New York
Richard Perry, the hedge-fund superstar, art collector and one of New York City’s wealthiest men, put Barneys New York on better footing after his Perry Capital fund took a majority stake in the luxury chain. The deal wiped out virtually all of Barneys’ debt, in exchange for equity. Perry, who happens to be a Barneys shopper, took a seat on the board, wants Barneys to be more profitable and busier, and more of a social hub, beyond the always-crowded Fred’s restaurant inside the store. So far, he’s kept a low profile and the Barneys team front and center, but he’s said to be backing renovations and new merchandising and marketing concepts, and closely examining retail locations, some of which have long been slow. Barneys in NorthPark Center in Dallas, a big beautiful store with a limited clientele, is set to close next April.

 

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