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Dec. 20, 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. Kering to acquire jewelry manufacturer Raselli Franco Group
  2. Louis Vuitton introduces Visionary Journeys Seoul
  3. Exclusive Resorts purchases Inspirato for $59M
  4. Savannah College of Art and Design debuts SCAD LUXE research center
  5. Ennismore picks Bangkok site for first-in-region SLS Residences
  6. Lamborghini heads to French Alps for women-led driving series
  7. Brunello Cucinelli casts holiday spell with ‘Cinema Meraviglia’
  8. Follow @LuxuryDaily for the latest in luxury news
  9. Off the Cuff: Getting to know luxury's top-tier talent in 2025
  10. Dior builds five-story statement flagship in Beijing
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RECENT ARTICLES
Exclusive Resorts purchases Inspirato for $59M
Louis Vuitton introduces Visionary Journeys Seoul
Louis Vuitton introduces Visionary Journeys Seoul

Exclusive Resorts purchases Inspirato for $59M
Kering to acquire jewelry manufacturer Raselli Franco Group
Brunello Cucinelli casts holiday spell with ‘Cinema Meraviglia’