Remember when Barneys had an issue with two young African Americans shopping at their stores and citing credit fraud on their behalf? Apparently, that didn't sit too well with many people including Jay Z. The rapper was nearly considering removing his merchandise out of the store and exiting from his partnership with the company.

After a huge outcry, Barneys has obliged to pay a costly fine worth $525,000. Asides from paying a fine, the company will "employ an anti-profiling consultant, develop an anti-profiling policy, investigate claims of profiling by customers, and provide anti-profile training to employees."

In a statement pertaining to the agreement, Barneys CEO Mark Lee said the following: “Barneys New York has prided itself on providing an unparalleled customer experience to every person that comes into contact with our brand—open and welcoming to one and all.”

Despite the charges last year, Jay Z and Barneys collaboration wheeled in over $1 million earlier this year.

[Fader]

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