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.”
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)