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Jan. 22, 2026
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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.

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  1. Invite-only driving programs from Aston Martin enter year two
  2. Luxury Unfiltered: The misstep luxury hotels are making with their AI strategy
  3. Bottega Veneta CEO headed to Moncler
  4. Hermès relocates in Hanoi
  5. Top luxury campaigns of 2025: Louis Vuitton, Murakami re-edition
  6. Louis Vuitton returns as title partner for 38th America’s Cup
  7. Hermès merges love for equestrian, playful pushes in mobile game
  8. Gucci presents ‘The Gathering’
  9. 70pc of UHNW families struggling to discuss finances: report
  10. CTG Duty Free acquires DFS business in Greater China
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