NEIMAN MARCUS TO ACQUIRE STYLYZE
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NEIMAN MARCUS EMERGES FROM CHAPTER 11
The company emerges with the full support of its creditors and new equity shareholders, now operating with a strengthened capital structure that eliminated more than $4 billion of existing debt.
Read MoreNEIMAN MARCUS RECEIVES COURT APPROVAL FOR NEW FINANCING
The company will get access to $250 million now and $150 million more through early September.
Read MoreNEIMAN MARCUS FILES FOR BANKRUPTCY
The famed luxury department store said $675 million in financing has been secured from creditors to fund operations through bankruptcy this fall.
Read MoreNEIMAN MARCUS NAMES NEW CHIEF MERCHANDISING OFFICER
Todorovich will be responsible for driving the brand’s merchandising offerings which are a key component of the retailer’s strategic plan.
Read MoreNEIMAN MARCUS INVESTS IN PRE-OWNED E-COMMERCE COMPANY FASHIONPHILE
With this investment, Neiman Marcus Group becomes the first major luxury retailer to directly invest in pre-owned fashion, an attractive and fast-growing segment projected to grow to $23 billion by 2023.
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