Neiman Marcus Group Ltd. said it will invest $100 million over the next three to five years to expand its omnichannel capabilities.
The retailer plans to develop a single merchandising platform across all brands and channels to improve inventory visibility and delivery, according to a filing Thursday with the Securities and Exchange Commission. The company said during fiscal-year 2014 it plans to begin the design and configuration of the new platform, which is being targeted for implementation in fiscal-year 2016.
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)