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Search - The Rise and Fall of the House of Barneys: A Family Tale of Chutzpah, Glory, and Greed

The Rise and Fall of the House of Barneys A Family Tale of Chutzpah Glory and Greed
Author: Joshua Levine

This is a rags to riches to rags story. It took three generations to build Barneys into the world's most fabulous clothing store--and less than a decade to tear it down. This fascinating book is at once a family saga, a cautionary business tale, and a riveting, superbly detailed behind-the-scenes account of how a secondhand store founded on pluc... more »k and chutzpah grew into a glittering international retail empire, only to founder on greed and hubris. It is a tragicomedy of truly Greek proportions, featuring a full cast of larger-than-life heroes and villains and fools, spun in dramatic, novelistic style, and written in evocative prose by a distinguished editor at Forbes. Patriarch Barney Pressman started small in 1923, but within two decades he was selling more suits than anyone in the world. By the time his son, Fred, took over in the 1960s, Barneys was a thriving institution, and Boys Town at Barneys was the site of every New York boy's clothing rite of passage. But Fred had loftier ambitions; he was never comfortable with the crass discounter image. He staked the family fortune on European fabrics and design, wound up transforming the entire world of men's fashion, and made a killing along the way.But it was Fred's sons, Gene and Bob, who really wanted it all--not just a store but a grandiose temple of ultimate chic. Instead, through extravagance, flamboyance, greed, and an arrogant disregard for sound business principles, they raced heedlessly into one of the most spectacular business flameouts in retail history.A tasty mix of high fashion, high finance, and overweening family ambition, The Rise and Fall of the House of Barneys is a book every bit as stylish and well tailored as any suit the Pressman dynasty ever sold.This is a rags to riches to rags story. It took three generations to build Barneys into the world's most fabulous clothing store--and less than a decade to tear it down. This fascinating book is at once a family saga, a cautionary business tale, and a riveting, superbly detailed behind-the-scenes account of how a secondhand store founded on pluck and chutzpah grew into a glittering international retail empire, only to founder on greed and hubris. It is a tragicomedy of truly Greek proportions, featuring a full cast of larger-than-life heroes and villains and fools, spun in dramatic, novelistic style, and written in evocative prose by a distinguished editor at Forbes. Patriarch Barney Pressman started small in 1923, but within two decades he was selling more suits than anyone in the world. By the time his son, Fred, took over in the 1960s, Barneys was a thriving institution, and Boys Town at Barneys was the site of every New York boy's clothing rite of passage. But Fred had loftier ambitions; he was never comfortable with the crass discounter image. He staked the family fortune on European fabrics and design, wound up transforming the entire world of men's fashion, and made a killing along the way.But it was Fred's sons, Gene and Bob, who really wanted it all--not just a store but a grandiose temple of ultimate chic. Instead, through extravagance, flamboyance, greed, and an arrogant disregard for sound business principles, they raced heedlessly into one of the most spectacular business flameouts in retail history.A tasty mix of high fashion, high finance, and overweening family ambition, The Rise and Fall of the House of Barneys is a book every bit as stylish and well tailored as any suit the Pressman dynasty ever sold.

ISBN-13: 9780688155025
ISBN-10: 0688155022
Publication Date: 4/1999
Pages: 256
Rating:

0 stars, based on 0 rating

Publisher: William Morrow Company
Book Type: Hardcover
Members Wishing: 0
Reviews: Amazon | Write a Review

Genres:

Business & Money >> Biography & History >> Company Histories
Business & Money >> General
Business & Money >> Industries >> Retailing
Business & Money >> Education & Reference >> General

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