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Dec. 22, 2025
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  3. Kering to acquire jewelry manufacturer Raselli Franco Group
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  5. Exclusive Resorts purchases Inspirato for $59M
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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.

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  1. Louis Vuitton introduces Visionary Journeys Seoul
  2. Savannah College of Art and Design debuts SCAD LUXE research center
  3. Kering to acquire jewelry manufacturer Raselli Franco Group
  4. Ennismore picks Bangkok site for first-in-region SLS Residences
  5. Exclusive Resorts purchases Inspirato for $59M
  6. Luxury Unfiltered: Why the best luxury experiences look exactly like the worst ones (on paper)
  7. Longines announces latest Ambassador of Elegance
  8. Dolce & Gabbana introduces advent calendar this season
  9. Lancome to secure spokeswoman Julia Roberts for $50M
  10. In conversation with Hong Kong property and hotel mogul Adrian Cheng
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