Neiman Marcus

News & Analysis

Report: Neiman Marcus Advances Bankruptcy Preparations

3 April 2020 • By Reuters

3 April 2020 • By Reuters

The department store began holding confidential discussions this week with bondholders about possible financing that would help the company continue operating while under bankruptcy protection, sources said.

News & Analysis

Report: Neiman Marcus Advances Bankruptcy Preparations

The department store began holding confidential discussions this week with bondholders about possible financing that would help the company continue operating while under bankruptcy protection, sources said.

Fashion Executives Braced for Pain, But Optimistic Long-Term, Says BoF Survey

1 April 2020 • By Sarah Kent

Fashion Executives Braced for Pain, But Optimistic Long-Term, Says BoF Survey

Senior industry managers have a nearly unanimously bleak outlook on how the Covid-19 pandemic will affect business performance, but long-term most are optimistic their companies will rebound, according to a survey conducted by The Business of Fashion.

News & Analysis

Keeping Track of Fashion's Layoffs

1 April 2020 • By BoF Team

1 April 2020 • By BoF Team

From Macy’s to Everlane, the retail industry is bracing for more layoffs as store closures and economic turmoil hurt sales.

News & Analysis

Keeping Track of Fashion's Layoffs

From Macy’s to Everlane, the retail industry is bracing for more layoffs as store closures and economic turmoil hurt sales.

News & Analysis

Report: Neiman Marcus in Bankruptcy Talks With Lenders

24 March 2020 • By Reuters

24 March 2020 • By Reuters

The luxury retailer is struggling to ease its $4.3 billion debt load, according to a report by Bloomberg.

News & Analysis

Report: Neiman Marcus in Bankruptcy Talks With Lenders

The luxury retailer is struggling to ease its $4.3 billion debt load, according to a report by Bloomberg.

News & Analysis

Why Neiman Marcus Is Getting Rid of Its Off-Price Stores

12 March 2020 • By Cathaleen Chen

12 March 2020 • By Cathaleen Chen

The Dallas-based department store chain is hoping that focusing on wealthy repeat customers will boost profits.

News & Analysis

Why Neiman Marcus Is Getting Rid of Its Off-Price Stores

The Dallas-based department store chain is hoping that focusing on wealthy repeat customers will boost profits.

BoF Professional Exclusive

Coronavirus Is Already Changing How People Shop. Here's How.

11 March 2020 • By Cathaleen Chen

BoF Professional Exclusive

Coronavirus Is Already Changing How People Shop. Here's How.

Any disruption to regular consumer habits will exacerbate existing challenges in the retail sector, analysts say.

News & Analysis

Report: MyTheresa to List on New York Stock Exchange

14 February 2020 • By Reuters

14 February 2020 • By Reuters

The luxury e-commerce platform's owner Neiman Marcus is working with Morgan Stanley on the planned listing, which could take place as early as April, according to people familiar with the matter.

News & Analysis

Report: MyTheresa to List on New York Stock Exchange

The luxury e-commerce platform's owner Neiman Marcus is working with Morgan Stanley on the planned listing, which could take place as early as April, according to people familiar with the matter.

News & Analysis

Debt-Laden Merchants Face Reckoning Amid Retail Apocalypse

24 December 2019 • By Bloomberg

24 December 2019 • By Bloomberg

Some of the most familiar names have already collapsed into bankruptcy or liquidated this year. Among the survivors, fates have diverged.

News & Analysis

Debt-Laden Merchants Face Reckoning Amid Retail Apocalypse

Some of the most familiar names have already collapsed into bankruptcy or liquidated this year. Among the survivors, fates have diverged.

News & Analysis

Neiman Marcus Secures $100 Million Facility to Increase Liquidity

12 September 2019 • By Bloomberg

12 September 2019 • By Bloomberg

The luxury retailer plans to use proceeds from the facility, also known as a FILO, to reduce its revolving credit facility and create $100 million in liquidity the company can access in the future.

News & Analysis

Neiman Marcus Secures $100 Million Facility to Increase Liquidity

The luxury retailer plans to use proceeds from the facility, also known as a FILO, to reduce its revolving credit facility and create $100 million in liquidity the company can access in the future.

Power Moves | Tranoï Names President, Issey Miyake Appoints Designer

5 September 2019 • By Rachel Deeley

This week, Tranoï trade show names the successor to former president David Hadida, while Issey Miyake promotes Satoshi Kondo to head designer.

Power Moves | Tranoï Names President, Issey Miyake Appoints Designer

This week, Tranoï trade show names the successor to former president David Hadida, while Issey Miyake promotes Satoshi Kondo to head designer.