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Day’s wrap: Neiman Marcus, Rolls-Royce, Michael Kors, LVMH, Longchamp and Chloé

Nieman Marcus hopes to cover its debts by 2020. Image credit: Neiman Marcus

 

Neiman Marcus’ talks to restructure debt are stalled

Retail group Neiman Marcus Group Inc. has hit a wall in negotiations with its creditors due to a conflict over control of MyTheresa.com.