Barney’s Reports Loss for November

Barney’s Inc. said it had a loss of $6 million for the four weeks ended Nov. 30 on sales of $29.9 million. The retailer, which filed for bankruptcy protection a year ago, included in the loss $4.37 million in reorganization costs and $775,000 in real estate payments and charges to its Japanese partner, Isetan Co. The loss also reflected depreciation and amortization of $1.04 million. New York-based Barney’s said its profit margin for the month was 46% of sales. Selling, general and administrative expenses were $12.4 million. The operator of 13 tony department stores is the target of a possible takeover or an investment. Retailers interested in such a plan include Dickson Concepts International Ltd. and Saks Holdings Inc., which operates the Saks Fifth Avenue stores.