By  on April 18, 2019

Neiman Marcus Group’s taking a stake in Fashionphile could just be one of a string of investments down the road by the Dallas-based retailer.

“I see many more partnerships like this one,” Neiman Marcus Group chief executive officer Geoffroy van Raemdonck told WWD on Wednesday after the company disclosed that it took a minority stake in Fashionphile, the 20-year-old business that specializes in the buying and selling of used luxury handbags, jewelry and accessories.

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