Prada handbags? Barneys no more!

Barneys is No Longer Selling Prada Handbags and Ready-to-Wear

Forget about fashion directors and window dressers. The biggest news coming out of Barneys since CEO Mark Lee came aboard is that the luxury retailer is dropping Prada handbags and women’s ready-to-wear from its stores. Update: We’ve heard from a source within Barneys that the real reason for the break up is not because of Barneys being unhappy with Prada, but because of a disagreement about leasing. (Prada wanted to lease its space in the store like it does at other department stores; Barneys doesn’t do that.) And that the decision was made before Lee even got to Barneys.

The Prada handbags section will be replaced by Valextra, a handbag line that’s exclusive to Barneys. (We’re sure you’ve heard of it–they’ve been shilling it like crazy for the past couple of years.) The store will still carry Prada men’s ready-to-wear and Prada shoes for both sexes...

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