Neiman Marcus Group
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.
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.
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.
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.
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.
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.
The American Department Store's Real-Time Reckoning
This week, everyone will be talking about the impending bankruptcies of several American department store chains, financial results from Tapestry and the success of "essential" retailers. Get your BoF Professional Cheat Sheet.
The American Department Store's Real-Time Reckoning
This week, everyone will be talking about the impending bankruptcies of several American department store chains, financial results from Tapestry and the success of "essential" retailers. Get your BoF Professional Cheat Sheet.
A Fashion World Without Department Stores
Debt-laden Neiman Marcus seems set to be the first major American department store to succumb to the coronavirus crisis in what could become a wave of insolvencies across the sector. What will the fashion landscape look like as these once-mighty chains falter?
A Fashion World Without Department Stores
Debt-laden Neiman Marcus seems set to be the first major American department store to succumb to the coronavirus crisis in what could become a wave of insolvencies across the sector. What will the fashion landscape look like as these once-mighty chains falter?
Report: Neiman Marcus to File for Bankruptcy This Week
The retailer will become the first major US department store to succumb to Covid-19's economic fallout, sources say.
Report: Neiman Marcus to File for Bankruptcy This Week
The retailer will become the first major US department store to succumb to Covid-19's economic fallout, sources say.
5 Fashion M&A Predictions
Private equity firms, mega retailers and strategic groups that emerge from the crisis with cash to spare will be on the hunt. But what will they be buying?
5 Fashion M&A Predictions
Private equity firms, mega retailers and strategic groups that emerge from the crisis with cash to spare will be on the hunt. But what will they be buying?
Neiman Marcus Skips Bond Payment
The retailer has been advancing preparations for bankruptcy, and is now in default with its creditors according to a letter seen by Reuters.
Neiman Marcus Skips Bond Payment
The retailer has been advancing preparations for bankruptcy, and is now in default with its creditors according to a letter seen by Reuters.
The New Normal: A Darwinian Shakeout Will Create Fresh Opportunities
The crisis will shake out the weak, embolden the strong and accelerate the decline of those that were already struggling before the pandemic, compelling companies to evaluate divestment and acquisition opportunities and capture whitespaces that emerge from the reshuffle, says The Business of Fashion and McKinsey’s Coronavirus Update to The State of Fashion 2020.
The New Normal: A Darwinian Shakeout Will Create Fresh Opportunities
The crisis will shake out the weak, embolden the strong and accelerate the decline of those that were already struggling before the pandemic, compelling companies to evaluate divestment and acquisition opportunities and capture whitespaces that emerge from the reshuffle, says The Business of Fashion and McKinsey’s Coronavirus Update to The State of Fashion 2020.
Warehouse Workers Risk Covid-19 to Ship Designer Shades, Face Cream, Sofas
Government stay-home orders have carve-outs for warehouses or e-commerce operations, allowing a wide array of retailers to piggyback on exemptions intended primarily to ensure the flow of necessities.
Warehouse Workers Risk Covid-19 to Ship Designer Shades, Face Cream, Sofas
Government stay-home orders have carve-outs for warehouses or e-commerce operations, allowing a wide array of retailers to piggyback on exemptions intended primarily to ensure the flow of necessities.