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.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
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?"