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Nov. 27, 2020
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Retail

Leader of US shopping center lobby issues statement as malls gasp for breath

July 20, 2020

U.S. department store chain Neiman Marcus, currently in Chapter 11 bankruptcy proceedings, has four big leases for sales in malls across the United States. Department stores typically anchor malls in the U.S. and their departure typically triggers escape clauses for other brands and retailers. Image credit: ICSC U.S. department store chain Neiman Marcus, currently in Chapter 11 bankruptcy proceedings, has four big leases for sales in malls across the United States. Department stores typically anchor malls in the U.S. and their departure typically triggers escape clauses for other brands and retailers. Image credit: ICSC

 

By Luxury Daily News Service

The U.S. shopping mall is fighting for its existence as the COVID-19 coronavirus outbreak has temporarily shuttered stores and restaurants in these theatres of retail that are home to luxury goods and specialty brands.

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  1. Brands must embrace transparency to add credibility to sustainability efforts
  2. LVMH announces commitment alongside French Ministry for gender equality, diversity and equal opportunities
  3. As luxury spending shifts to China, brands must adapt to reach shoppers
  4. Lexus leans into unique celebrations for annual holiday push
  5. ShopWorn brings attainable luxury to consumers through ‘not new, not pre-owned’ model
  6. Dior goes for gold with flashy J'adore campaign
  7. FT Business of Luxury Summit 2020 focuses on luxury after the lockdown
  8. French jeweler Boucheron, with “For Better and For Worse,” launches podcast series on unexpected and thrilling weddings
  9. Bentley supports rising photographers through debut IAP Awards sponsorship
  10. Carolina Herrera seeks rebellious men with powerful fragrance ad
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