neiman marcus

Neiman Marcus Nears End Of Bankruptcy
Neiman Marcus Nears End Of Bankruptcy
July 31, 2020  |  Retail

Neiman Marcus could exit Chapter 11 in time for holiday shopping. According to the The Dallas Morning News, the luxury retailer is closer to exiting...

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Neiman Marcus To Close Store In NYC’s Hudson Yards
Neiman Marcus To Close Store In NYC’s Hudson Yards
July 24, 2020  |  Retail

Neiman Marcus is reportedly leaving the upscale New York City Hudson Yards shopping center as it undergoes bankruptcy proceedings. The department store retailer had an...

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PE Firms Shun Investments In Older Firms Hard Hit By Pandemic
PE Firms Shun Investments In Older Firms Hard Hit By Pandemic
June 28, 2020  |  Investments

Companies owned by private equity firms are not seeing the money for protection that those firms ostensibly have saved up, The Wall Street Journal (WSJ)...

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Facebook Eyes Leasing Neiman Marcus Store In Manhattan
Facebook Eyes Leasing Neiman Marcus Store In Manhattan
June 22, 2020  |  Retail

Facebook could be looking to take over Neiman Marcus‘ space at Hudson Yards in Manhattan, according to an unnamed source in a Women’s Wear Daily...

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Neiman Marcus May Shutter Key Manhattan Store
Neiman Marcus May Shutter Key Manhattan Store
June 09, 2020  |  Retail

How the mighty have fallen — on hard times. Neiman Marcus reportedly may vacate its fashionable year-old digs at the Shops at Hudson Yards in New York...

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Neiman Marcus Gets Interim Approval For $675M In DIP Loans
Neiman Marcus Gets Interim Approval For $675M In DIP Loans
May 11, 2020  |  Retail

In a move that reportedly allows for business continuity, Neiman Marcus Group said in a statement that it has received interim court approval for all...

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Data: Luxury Goods Sales May Drop 35 Pct This Year
Data: Luxury Goods Sales May Drop 35 Pct This Year
May 07, 2020  |  Retail

Neiman Marcus’s bankruptcy filing on Thursday (May 7) may go unnoticed by many consumers. Amid lockdowns and a global economic collapse not seen since the...

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Neiman Marcus Files For Chapter 11
Neiman Marcus Files For Chapter 11
May 07, 2020  |  Retail

Neiman Marcus has filed for bankruptcy as the “great resettling” continues for retail. The company announced Thursday morning (May 7) that it has entered into...

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Investors Propose $700M In DIP Financing For Neiman Marcus
Investors Propose $700M In DIP Financing For Neiman Marcus
April 27, 2020  |  Retail

Amid the retailer’s reported impending bankruptcy, an investor group is intending to provide an alternative to a $600 million financing arrangement for Neiman Marcus Group and pressure...

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