Barneys CEO: ‘Single digits’ the new black

[calm_girl]

Barneys CEO: ââ,¬ËœSingle digitsââ,¬â,,¢ the new black
      

The U.S. economy’s funk is felt even in the luxury temples of fashion, the CEO of Barneys New York says.
Ã, ”The economic downturn, unfortunately, is going to affect everybody,” Chief Executive Howard Socol told Reuters at the cocktail party launch of Donatella Versace’s menswear line at the Barneys New York store at 61st and Madison.
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