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News briefs

Neiman Marcus, US luxury, Tesla and Indian luxury – News briefs

March 3, 2014

 

Today in luxury marketing:

Neiman Marcus reports loss
Neiman Marcus Group Ltd LLC, which was acquired by Ares Management LLC and Canada Pension Plan Investment Board last October, reported a net loss of $68 million for the luxury chain's second quarter ended Feb. 1 compared with net earnings of $40.4 million in the prior-year period, WWD reports.

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