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RackedWire: Juicy Replacing Mexx on Fifth Ave & More!

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MIDTOWN EAST—Via our ever more fruitful comments section, a tipster whispers that the Mexx outpost at 650 Fifth Ave and 52nd Street, set to close by the beginning of September, will reopen as a Juicy Couture store. Good move, Liz Claiborne—people will never get sick of that brand. [Racked]

NATIONAL—As was rumored this morning, Barneys was sold today for the impressive sum of $825 million. The buyers? The "investment arm" of the Dubai government. [NY Times]