NYC Retail

The close of the last decade also saw the demise of a few retail icons that have made New York City dear to every fashionista’s heart. If Barneys was the cutting-edge couture go-to for a well-heeled international set, Soho’s Opening Ceremony was the chic street-style crossover hit of the early 21st century. The brand, whose stores include the Howard Street flagship and an Ace Hotel outpost as well as stores in Los Angeles, London and Tokyo–announced Tuesday that it would be shutting down its retail stores this year after being acquired by the New Guards Group, a streetwear conglomerate in turn owned by online fashion platform Farfetch, The Cut reports.
Find out more