Neiman Marcus

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How the Rich Are Shopping Right Now

30 June 2020 • By Chavie Lieber

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How the Rich Are Shopping Right Now

A focus group of US shoppers from New York to Dallas reveals what the wealthy are prioritising.

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Following Mass Layoffs, Diane von Furstenberg Faces an Uncertain Future

15 June 2020 • By Chavie Lieber

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Following Mass Layoffs, Diane von Furstenberg Faces an Uncertain Future

As the company refocuses its prospects on China amid the pandemic, more than 75 percent of the 400-person staff has been let go, while 18 out of 19 stores are closing. But the contemporary brand's business model was challenged long before Covid-19.

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The One Luxury E-Commerce Player That’s Consistently Made Money

8 June 2020 • By Vikram Alexei Kansara

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The One Luxury E-Commerce Player That’s Consistently Made Money

How has Mytheresa made online luxury profitable when competitors have struggled? CEO and President Michael Kliger reveals the secrets to the company’s success.

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As Lockdowns Ease, Luxury Sees Record Valuation

4 June 2020 • By Pierre Mallevays

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As Lockdowns Ease, Luxury Sees Record Valuation

Growth prospects for 2020 remain subdued, but investors are looking beyond the current crisis.

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Is This the End of the American Mall as We Know It?

28 May 2020 • By Cathaleen Chen

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Is This the End of the American Mall as We Know It?

Too many stores are chasing a customer who no longer exists. As the pandemic wipes out these retailers, the malls they occupy will also become obsolete.

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News & Analysis

Neiman Marcus Creditor Calls for Deal With Saks Fifth Avenue

13 May 2020 • By Reuters

A letter by the creditor suggests that combining the two luxury retailers would create between $2.8 billion and $4.7 billion of value.

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News & Analysis

Neiman Marcus Creditor Calls for Deal With Saks Fifth Avenue

A letter by the creditor suggests that combining the two luxury retailers would create between $2.8 billion and $4.7 billion of value.

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What the Bankruptcy Onslaught Means for the Future of Retail

11 May 2020 • By Cathaleen Chen

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What the Bankruptcy Onslaught Means for the Future of Retail

Filing for Chapter 11 looks different now. Here's what retailers and their partners need to know.

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News & Analysis

Bankruptcy Court Approves Neiman Marcus' Plea to Access Financing

9 May 2020 • By Reuters

The luxury department store arranged $675 million of debtor-in-possession financing to aid operations while it attempts to reorganise.

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News & Analysis

Bankruptcy Court Approves Neiman Marcus' Plea to Access Financing

The luxury department store arranged $675 million of debtor-in-possession financing to aid operations while it attempts to reorganise.

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The Uncertain Future of the American Mall

8 May 2020 • By Vikram Alexei Kansara

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The Uncertain Future of the American Mall

This week, Neiman Marcus filed for bankruptcy, Nordstrom announced the permanent shuttering of 16 stores and Lord & Taylor said it would liquidate merchandise in all of its locations, raising questions about the future of the shopping malls they anchor.

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Can Neiman Marcus Survive Bankruptcy?

7 May 2020 • By Cathaleen Chen

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Can Neiman Marcus Survive Bankruptcy?

Beyond restructuring its $5 billion of debt, the Dallas-based luxury department store chain still needs to reinvent itself to survive in the long run, experts say.

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