Geoffroy van Raemdonck has extensive luxury experience, but Neiman’s marks his first time at the helm of a major retail corporation.
Katz leaves Neiman’s after over three decades at the luxury chain.
Industry observers say fashion is contributing to retailers’ holiday gains, so far.
Fashion directors were asked which decades their customers most relate to.
At a quieter than normal ICSC New York Deal-Making, the focus was on how to reinvigorate the mall.
The multibrand specialty retailer is expanding in a time when department stores are contracting.
Retail operations at Neiman Marcus Group are improving as stores start to stabilize and online sales see sustained double-digit gains.
With more stores closing than ever, retailers are trying to protect their mall units from downward trends.