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The news is so horrifying, we almost threw up our salad in the middle of Fred's: fashionista heaven Barneys is just about to be purchased by the Jones Apparel Group. As in your mother's favorite brand, Jones New York. What, was Talbot's uninterested in making the purchase? Seeing as this is technically the gazillionth time Barneys has been "almost sold," we're not going to get too worked up just yet—but if they close the deal and Co-Op starts looking like Sears (Jones' retailer of choice), well, that just won't stand.
Jones Is Said To Be Near A Deal For Barneys [NYT]
Barneys Almost Bought [Gothamist]
[UPDATE: Done deal, Barneys is finally sold to the low-end Jones company. This better mean really good sales or something.]