Exclusive: Department store Barneys New York Inc explores bankruptcy - sources
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NEW YORK (Reuters) - Luxury department store Barneys New York Inc [DBWLDB.UL] is exploring a bankruptcy filing as it struggles with high rents and changing consumer tastes, people familiar with the matter said on Saturday.The nearly 100-year-old department store, known for its high-end designer collection, is working with law firm Kirkland & Ellis LLP to prepare for a potential bankruptcy filing that could come in the coming weeks, one of the sources said.Barneys has not yet made a final..