Luxury Daily
The authority in luxury news.
Feb. 12, 2026
  1. Luxury Unfiltered: Why traditional management is killing luxury as an asset class
  2. ‘Getting Closer’ campaign from Boucheron links romance with responsibility
  3. Porsche pulls next head of design from McLaren
  4. Louis Vuitton flagship lands in Beijing
  5. The Ritz-Carlton New York, Central Park, acquired by Gencom
  6. Raffles creates Printemps-exclusive lifestyle collection
  7. Watches and Wonders Geneva reveals new plans for 2026
  8. Ralph Lauren goes global for Milano Cortina 2026
  9. Versace presents collaborative vision for spring/summer 2026
  10. Kering sees annual revenues sink 13pc
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Retail

US department store giant Neiman Marcus Group, with $250M in fresh debtor financing, gets to live another day

June 17, 2020

Taking the right steps: Saint Laurent Cassandre YSL 110mm Sandals selling at Neiman Marcus, $995. Image credit: Neiman Marcus Taking the right steps: Saint Laurent Cassandre YSL 110mm Sandals selling at Neiman Marcus, $995. Image credit: Neiman Marcus

 

By Luxury Daily News Service

Troubled U.S. department store chain Neiman Marcus has received a cash infusion of $250 million to continue its business operations as states lift the COVID-19 lockdowns imposed up and down the country.

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. Luxury Unfiltered: Why traditional management is killing luxury as an asset class
  2. ‘Getting Closer’ campaign from Boucheron links romance with responsibility
  3. Porsche pulls next head of design from McLaren
  4. Louis Vuitton flagship lands in Beijing
  5. The Ritz-Carlton New York, Central Park, acquired by Gencom
  6. Raffles creates Printemps-exclusive lifestyle collection
  7. Watches and Wonders Geneva reveals new plans for 2026
  8. Ralph Lauren goes global for Milano Cortina 2026
  9. Versace presents collaborative vision for spring/summer 2026
  10. Kering sees annual revenues sink 13pc
VIDEOS
More Videos

MORE IN Retail
Raffles creates Printemps-exclusive lifestyle collection
Louis Vuitton flagship lands in Beijing
Saks Off 5th, Last Call locations closing
Selfridges launches beauty waste recycling support in store
Largest De Beers London flagship debuts in Paris
Vispring opens next US showroom



RECENT ARTICLES
Porsche Technology Apprentice Program graduates 100th class
Monogram partners with chef, television personality Maneet Chauhan
Raffles creates Printemps-exclusive lifestyle collection

‘Getting Closer’ campaign from Boucheron links romance with responsibility
Luxury Unfiltered: Why traditional management is killing luxury as an asset class
Louis Vuitton flagship lands in Beijing