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RackedWire: Filene's Prepares for a Syms Takeover; Barneys Hits 70% Off

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UNION SQUARE—A tipster sent in the photo above of Filene's Basement's semi-empty third floor. The store, which sold to Syms a few weeks ago, has cleared out some of its merchandise in anticipation of a big menswear shipment from the new owners. [RackedWire; WWD, subscription req'd]

EVERYWHERE—The ongoing Barneys sale just hit its third markdown, otherwise known as the one that really matters. They've shaved off another 25 to 50% for a total of up to 70% off. Now's the time to stop obsessively monitoring the website and actually start shopping. Worth noting: The same silk tanks that are $80 at the Alexander Wang sample sale are going for $69.50 at Barneys. [RackedWire]

Alexander Wang

103 Grand Street, New York, NY 10013 212-977-9683 Visit Website