Gucci, Prada Take Up Plight of Workers in Barneys Bankruptcy

Oct. 30, 2019, 6:10 PM UTC

Even some of the world’s toniest luxury makers are speaking up on behalf of workers threatened by store closures.

Their concern is highlighted in a court statement from a group of Barneys New York Inc. creditors, which include high-end brands like Gucci and Prada, supporting a bid that would keep more of the bankrupt retailer’s existing stores open.

Preserving stores “would inure to the benefit of the thousands of employees -- many who live paycheck to paycheck,” not to mention vendors, landlords and customers, according to the document filed Wednesday by the official committee of unsecured creditors.

Concerns about workers ...

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