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June 28, 2025
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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. Printemps unveils VIP shopping suite at Haussmann flagship
  2. New retail space from Louis Vuitton featuring cafe, exhibition comes to Shanghai
  3. Live music centers latest launch from Burberry
  4. Bentley opens three showrooms in North America
  5. Quarterly sales down at Versace, Jimmy Choo
  6. Alfa Romeo continues anniversary-year celebration
  7. Vera Wang owner enters new licensing agreement
  8. LVMH averts luxury slowdown, revenues up 9pc in 2023
  9. Luxury is about to have its McDonald’s moment
  10. ‘Sustainability is no longer an option – it's an expectation’: Bain
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