The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
The Dallas-based retailer created the role of fashion and lifestyle director for Aiken, who will report to chief merchandising officer and president Lana Todorovich, Neiman Marcus announced Wednesday, June 16. Her post begins in August.
Aiken’s hire will strengthen Neiman Marcus’ merchandising division, which includes partnerships with 3,000 new and existing brand partners, the company said. The retailer emerged from bankruptcy last fall.
At Moda, Aiken was the fashion and buying director. Previously, she has worked for Net-a-Porter and MyTheresa. In her new position, Aiken will work to identify emerging brands, develop partnerships and help drive sales among Neiman Marcus’ “loyal luxury customer base,” the company said.
“We have been on a journey to find a global fashion leader who is a digital native and will help accelerate the growth of Neiman Marcus’ loyal brand portfolio with a fresh perspective,” Todorovich said in the release.
Nordstrom, Tod’s and L’Occitane are all pushing for privatisation. Ultimately, their fate will not be determined by whether they are under the scrutiny of public investors.
The company is in talks with potential investors after filing for insolvency in Europe and closing its US stores. Insiders say efforts to restore the brand to its 1980s heyday clashed with its owners’ desire to quickly juice sales in order to attract a buyer.
The humble trainer, once the reserve of football fans, Britpop kids and the odd skateboarder, has become as ubiquitous as battered Converse All Stars in the 00s indie sleaze years.
Manhattanites had little love for the $25 billion megaproject when it opened five years ago (the pandemic lockdowns didn't help, either). But a constantly shifting mix of stores, restaurants and experiences is now drawing large numbers of both locals and tourists.