Barneys Pulls Prada Women Clothing And Accessories Out Of Its Stores

Barneys New York Chief Executive Mark Lee says Prada is no longer selling any new goods but shoes and menswear at Barneys in what he said was fallout from a spat over pricing and inventory control.

Mr. Lee says Prada asked to operate under a "concession" model, in which the brand leases space from the retailer, but controls its own inventory and markdowns. Mr. Lee says Barneys rejected the request.