Search results
Results from the WOW.Com Content Network
Ares Management Corp (NYSE: ARES) co-owned high-end retailer Neiman Marcus has become the first large department store chain to file for bankruptcy.What Happened With Neiman Marcus The retailer ...
After the bankruptcy bloodbath that was 2020, which saw dozens of iconic brands including JCPenney and Neiman Marcus seek Chapter 11 protection, 2021 was comparatively quiet. Still, a number of ...
The debt-laden Dallas-based company has been left with few options after the pandemic forced it to temporarily shut all 43 of its Neiman Marcus locations, roughly two dozen Last Call stores and ...
In October 2013, the Neiman Marcus Group was sold for $6 billion to Ares Management and the Canada Pension Plan Investment Board. [5] [6] In August 2015, the company again announced it was preparing for an initial public offering. [7] In late 2015 Neiman Marcus became a stand-alone company. In 2018 Geoffroy van Raemdonck replaced Karen Katz as ...
Luxury retailer Neiman Marcus filed for bankruptcy on Thursday, becoming the first major department store chain to seek Chapter 11 protection because of the coronavirus pandemic. “Prior to COVID ...
Once a staple in the retail sector, Neiman Marcus Group is preparing to seek bankruptcy protection as soon as this week, people familiar with the matter told Reuters. It would become the first ...
The luxury department store chain Neiman Marcus filed for bankruptcy on Thursday, the second major retailer after J.Crew to seek reorganization this week as the industry buckles under widespread ...
Neiman Marcus Group is stepping up preparations to seek bankruptcy protection, after the coronavirus pandemic forced the chain to close its stores.