Barneys reports record nine months
Luxury retailer Barneys, with flagship stores in
Net sales for the period rose 17.0% to reach $341.7 million compared with $292.0 million in the same period in 2003. Comparable store sales increased by 15.9%, whilst operating income soared by some 95.3% to $24.5 million from $12.5 million for the corresponding period the previous year. Net income rose increased to $8.8 million compared with $0.8 million last year.