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Day’s wrap: China, Bloomingdale’s and Neiman Marcus

September 25, 2020

Sunset-hued silk caftan from Tom Ford available at Neiman Marcus. Image credit: Neiman Marcus Sunset-hued silk caftan from Tom Ford available at Neiman Marcus. Image credit: Neiman Marcus

 

Luxury Daily's live news: 

How luxury brands are leveraging the power of data in China
With so many choices at their disposal, consumers have become disloyal, tougher to fool, and better informed, and now their behaviors are changing the fashion system and retail market.

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Bloomingdale’s launches “Give Pink” effort to end breast cancer, tying virtual events with shopping incentives
U.S. department store chain Bloomingdale’s is continuing to support breast cancer research, treatment, programs and awareness for the 16th year with its annual Pink campaign.

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US department store chain Neiman Marcus Group emerges from Chapter 11 bankruptcy, eliminating $4B+ in debt
Neiman Marcus Holding Company Inc., formerly known as Neiman Marcus Group Ltd. LLC, has emerged from voluntary Chapter 11 protection after completing its restructuring process and implementing its plan of reorganization.

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Affluents in Asia looking to reward themselves post-COVID: Agility
NEW YORK – As the luxury industry looks to recover from the coronavirus pandemic, it will rely on Asian markets beyond mainland China.

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