Barneys’ New Man
Barneys New York has tapped Mark Wells, the former head of Gucci, to become its new chief executive, effective Sept. 1. Barneys’ previous chief executive, Howard Socol, retired in 2008. Since then, a team of seven executives has run the retail chain. Istithmar World, a subsidiary of Dubai World, bought Barneys from Jones New York three years ago for $942.3 million.
