Turns out Barneys has cancelled the kickoff party for Jay Z’s A New York Holiday collection (as they should have). The party was planned for Wednesday, November 20th in New York City. In a statement, Barneys said, “Due to unforeseen circumstances, the event has been cancelled.” Seems like Jay is not phased because it would kind of be inappropriate to party considering the racial mess Barney’s and other NYC retailers are in. The important thing is the collection will continue with 100% of the proceeds going to Jays foundation to provide scholarships to poor, inner city youth. The collection will launch tomorrow. Get more on the collection (if you are interested in buying) HERE.