Neiman Marcus

neiman marcus store

Retail

Neiman Marcus Group Encounters Hurdles in Bankruptcy

The retailer has yet to reopen stores for shopping inside in states where allowed.

clock May 30, 2020David Moin

neiman marcus store

Legal

Neiman’s Bankruptcy Puts Spotlight on Mytheresa Transfer

The asset transfer of the online shopping retailer, which some creditors have called Neiman’s “crown jewel,” looms over the proceedings.

clock May 29, 2020Sindhu Sundar

post coronavirus greeting

Legal

Emerging From Bankruptcy and Reopening Stores in a Pandemic

As retailers pursue swift restructuring plans to start anew, they face the safety risks of doing so during a public health crisis.

clock May 22, 2020Sindhu Sundar

Rob Zeidel Moose Knuckles

Human Resources

Moose Knuckles Names Rob Zeidel Chief Financial Officer, Chief Operating Officer

The luxury brand is known for selling fashion parkas with price tags of $900 on up. 

clock May 22, 2020Kellie Ell

Neiman Marcus store

Financial

Lenders Step to the Fore in Fashion

Debt holders are moving from collecting interest payments to driving the agenda.

clock May 19, 2020Evan Clark

A sign for a J.C. Penney store in a mall in New York, New York, USA, 28 February 2019. The national department store announced that is planning to close 18 additional stores this year with the closures likely to come in 2020.JC Penney Announces Store closures, New York, USA - 28 Feb 2019

Financial

Bankrupt in Fashion’s COVID-19 Crisis

The coronavirus shutdown has starved businesses of much-needed cash and forced them into bankruptcy.

clock May 17, 2020Sindhu Sundar and Evan Clark

The center fountain at Bal Harbour Shops.

Retail

Bal Harbour Shops to Open Monday in Bal Harbour, Fla.

The open-air shopping center will provide retail to-go curbside pick-up for all retail purchases, and provide curbside restaurant take-out.

clock May 16, 2020Lisa Lockwood

J.C. Penney

Retail

J.C. Penney Files for Chapter 11

The department store chain filed for bankruptcy after struggling to prop up sales even before the coronavirus pandemic.

clock May 15, 2020Sindhu Sundar and David Moin

Neiman Marcus store

Beauty Features

Post Neiman’s, Luxe Beauty Brands Explore Distribution Options

With Neiman Marcus filing Chapter 11 and the specialty channel in flux, ultra-prestige beauty brands are exploring their options.

clock May 15, 2020Jenny B. Fine

Coronavirus downtown L.A.

Legal

DIP Lenders’ Strings May Pose Concerns for Creditors

The COVID-19 era’s retail bankruptcies will highlight the power struggles between debtor-in-possession financing lenders and trade vendors.

clock May 13, 2020Sindhu Sundar

Saks Fifth Avenue

Retail

Creditor Makes the Case for Selling Neiman’s to Saks

Debate is building on what is the best scenario for the Neiman Marcus Group to survive.

clock May 13, 2020David Moin

Macerich's Broadway Plaza in Walnut Creek, Calif.

Retail

Macerich Maps Out Plans to Reopen Shopping Centers

The real estate investment trust hopes to have all of its properties open by mid-June. Meanwhile, only about 26 percent of tenants paid April rent.

clock May 12, 2020Kellie Ell

Pedestrians cross Tenth Avenue near Neiman Marcus the retail store before the Hudson Yards Grand Opening Ceremony at Hudson Yards in New York, New York, USA, 15 March 2019. Hudson Yards is a real estate development on Manhattan's westside in the neighborhood of Chelsea, which will feature both residential and commercial space along with retail shopping, fine dining, a ten screen movie theater, a public school, and artist exhibition space.Grand Opening Hudson Yards New York, USA - 15 Mar 2019

Fashion Scoops

A Guide to the Retailers Reopening Amid the Coronavirus Pandemic

Several retailers are implementing reopening strategies as states are easing stay-at-home restrictions.

clock May 12, 2020Layla Ilchi

boarded up neiman marcus

Legal

Neiman’s Bankruptcy and the Mytheresa Transfer

Some creditors are targeting the retailer’s handling of the Mytheresa web site amid its out-of-court restructuring last year.

clock May 11, 2020Sindhu Sundar

boarded up neiman marcus

Retail

Neiman’s in Bankruptcy: Scenarios for Salvaging the Brand

For Neiman Marcus Group to come out of bankruptcy and survive, industry executives say it must pare down and modernize.

clock May 11, 2020David Moin

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Essentialist

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Business

Daniel Grieder Steps Down as CEO, Tommy Hilfiger Global and PVH Europe

clock 7hLisa Lockwood

Social Studies