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Fab Flash: Would You Miss Steve and Barry's?

Fab Flash: Would You Miss Steve and Barry's?

UPDATE: Steve & Barry's have officially went under and has filed a voluntary Chapter 11 petition in Manhattan bankruptcy court.

Tear. Mega retail chain Steve and Barry's is headed toward major financial downturn. The 28-year-old clothing chain who recently gained popularity for carrying celebrity sportswear lines — most notably, Bitten by Sarah Jessica Parker — at rock-bottom prices has filed for bankruptcy protection.

Steve and Barry's is set to shut down a large number of its 270 stores and will most likely be forced to liquidate all assets. So how does SJP feel about this failed venture? “We are surprised and disappointed that this situation has developed. We are surprised because our understanding, based on the accounting statements we see, was that sales have been very, very strong” said Sarah Jessica Parker's lawyer, Ira Schreck.

Let's not lose hope too soon. The company is looking for an acquisition; Sears and Kmart have showed interest, with the possibility of continuing a partnership with its licensed celebrity lines. Would you miss Steve and Barry's?

Source

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Join The Conversation
jsue33 jsue33 6 years
Im sad. I have bought several items from the Bitten line and loved them. I have a pair of shoes from when the line first came out that are still in great condition and i get compliments on them frequently. For the price, the clothes were nice. Where else could you go and get clothes/shoes/jewelry for $8 each?
mecita mecita 7 years
I never got a chance to try on or purchase anything from the Bitten line. Somehow, just knowing it was out there made me feel better though.
Lady-Ramirez Lady-Ramirez 7 years
i will miss it. There is one in horton plaza (san diego CA) I have 2 pairs of skinny jeans and about 6 pairs of flaired jeans (SJP) I love them! they rock and fit well. I love her jeans. TEAR.
heidi-girl heidi-girl 7 years
i was only ever in there a few times, so can't say i'll be missing much.
jennjennnbubba jennjennnbubba 7 years
nope wont be missing it here
jennjennnbubba jennjennnbubba 7 years
nope wont be missing it here
Kkkkkkkkkkk Kkkkkkkkkkk 7 years
Hmm, question... How do you produce a strapless cotton dress for $8.95 and still make a profit? Answer... I guess you don't.
Kkkkkkkkkkk Kkkkkkkkkkk 7 years
Hmm, question... How do you produce a strapless cotton dress for $8.95 and still make a profit?Answer... I guess you don't.
lulabernie lulabernie 7 years
I never shopped there - no stores in my area and never look at their website.
haydee haydee 7 years
There are 2 new Steve and Barry's opening in our area. I wonder now if it will push through
emalove emalove 7 years
I don't shop there often, but I did like checking out the SJP line every now and again. I'm surprised by this news, the store near me is always packed with people. Seems to do quite well.
hottinpink9021 hottinpink9021 7 years
I liked Steve and Barry's but only for their "Dear..." line by Amanda Bynes. She had some cute styles and I liked how everything was under $20. But I don't think I will be crying if they close down since the closest one is like 25 miles away.
mswender mswender 7 years
The one time I went in the store all of the clothes looked so cheap and poorly made. Even though it was so inexpensive I would not buy anything there.
austinchu austinchu 7 years
I work for a company that manages and tracks gift cards, and I've been following retailers filing for bankruptcy on savvywallet.com. My advice? Go spend your gift cards, you may not know how long they will be accepting them. Don't forget The Sharper Image incident: $75m in unused gift cards.
chiquita29 chiquita29 7 years
I will only for the SJP line. I bought a really cute dark denim jacket that i've gotten compliments on. I also got a pencil skirt that was a bit itchy, but it was wool blend, and that's just an itchy fabric. I got a pink dress shirt to go with it, it's thin which is fine by me so I don't get too warm, but what I didn't like about it was that it's incredebly hard to iron. I've gotten dress shirts from Wet Seal that were way easier to iron.
dukegirl dukegirl 7 years
I hope that SJP reinvents her line, this time with quality.
shopgirl123 shopgirl123 7 years
never been, n from what i hear, thats fine with me!
The-Italian-Jem The-Italian-Jem 7 years
Steve and Barry's, plus the SJP and Dear clothing line were total disappointments for me. The one in Burbank was a warehouse, Old Navy style, and had the same weird smell. Forever 21 has much cuter, more in style clothes for the same price.
foxie foxie 7 years
They were very hit or miss, but they definitely had some great steals! I love my cargo-ish pants and nautical purse I got there.
ambie_white ambie_white 7 years
aww man thats not fair. the steve n barry's is al the way in kingston, ma and not in boston so of course im going to miss it. shoot anything that is that cheap (sjp line) im there. o well back to wet seal...
pharm_chick pharm_chick 7 years
i have like 2 pairs of bitten jeans and a bitten shirt, not the bestest quality but hey, its 8.98! its pretty good at that price.. theres one inthe manhattan mall so i can get to it from school, but ill miss it for sure if it goes. maybe i should stock up on dress shirts from now
mannylove mannylove 7 years
I have a few things from the bitten line that I really love. A cute cami that I've had for over a year now & is in great shape, good quality. Also, a pair of camo capri pants, super lightweight, great for summer, I practically live in them & find they are very well made & modern looking...
Kalliefornia Kalliefornia 7 years
Only because of SJP's line.
Kalliefornia Kalliefornia 7 years
Only because of SJP's line.
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