The Dallas, Texas-based department store retailer announced on Tuesday that it is moving into the next phase of its bankruptcy proceedings, securing approval for a $675 million debtor-in-possession financing package.
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27 published items with the word (s) or phrase Geoffroy van Raemdonck in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Neiman Marcus secures DIP financing approval")
Neiman Marcus secures DIP financing approval -
![]( "Neiman Marcus creditor calls for sale or merger deal with Saks Fifth Avenue")
Neiman Marcus creditor calls for sale or merger deal with Saks Fifth AvenueHedge fund Mudrick Capital Management asked Neiman Marcus Group's independent directors on Tuesday to explore a combination with rival Saks Fifth Avenue, as the firm plans to reorganize under bankruptcy protection.
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![]( "Luxury department store chain Neiman Marcus files for bankruptcy")
Luxury department store chain Neiman Marcus files for bankruptcyNeiman Marcus Group filed for bankruptcy protection on Thursday, marking one of the highest-profile collapses yet among retailers forced to temporarily close stores in response to the COVID-19 pandemic.
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![]( "Neiman Marcus to furlough nearly 14,000 workers amid virus crisis")
Neiman Marcus to furlough nearly 14,000 workers amid virus crisisLuxury retailer Neiman Marcus said on Monday it would furlough most of its about 14,000 workers, as the coronavirus crisis forced it to close all stores till the end of April.
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![]( "Neiman Marcus to streamline business, will close most Last Call stores by 2021")
Neiman Marcus to streamline business, will close most Last Call stores by 2021The department store operator announced a series of new strategic initiatives on Wednesday, including the fusion of its in-store and online teams, the sale of two distribution centers and the streamlining of Last Call.
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![]( "Lana Todorovich appointed as chief merchandising officer at Neiman Marcus")
Lana Todorovich appointed as chief merchandising officer at Neiman MarcusAs the American department store operator pushes forward with its transformation plans, Neiman Marcus has named Ralph Lauren alum Lana Todorovich as its new president and chief merchandising officer.
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![]( "Neiman Marcus invests in luxury resale with Fashionphile")
Neiman Marcus invests in luxury resale with FashionphileNeiman Marcus has announced its acquisition of a minority stake in Fashionphile, making it the first major luxury retailer to directly invest in resale, a market segment projected to grow to $51 billion by 2023.
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![]( "Neiman Marcus veers into loss in second quarter")
Neiman Marcus veers into loss in second quarterThe Dallas, Texas-based department store operator reported a net loss of $29.0 million for the second quarter of 2019 on Tuesday, as the retailer pushes forward with efforts to turn its business around.
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![]( "Neiman Marcus gears up to open Hudson Yards location")
Neiman Marcus gears up to open Hudson Yards locationFor the first time since its birth in 1907, Neiman Marcus will open a location in Manhattan on Friday, debuting a new range of exclusive digital and physical features at The Shops & Restaurants at Hudson Yards.
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![]( "Neiman Marcus reports fifth consecutive quarter of comparable sales increases")
Neiman Marcus reports fifth consecutive quarter of comparable sales increasesThe struggling Dallas, Texas-based luxury retail group announced a comparative sales rise of 2.8% on Thursday, its fifth straight quarter of comps gains.