Karen Katz, the president and chief executive officer of Neiman Marcus Group, is getting down to the brass tacks of revving up growth strategies for NMG’s new owners, Ares Management and the Canada Pension Plan Investment Board.
“They’re encouraging us to think big and are really giving us the courage to look at Neiman Marcus and Bergdorf Goodman in a bolder way,” said Katz. “They’re interested in investing more capital in our business.”
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"