The clock has been reset at the Neiman Marcus Group.
The luxe chain is getting a new lease on life and new owners willing to pump in “meaningful capital” as it ventures further into the omnichannel future and weighs global strategic options. But the $6 billion deal to be acquired by Ares Management LLC and the Canada Pension Plan Investment Board means Neiman’s might have to carry more debt and face another sale or initial public offering down the road.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)