The resale market is projected to reach 51 billion dollars in the next five years, according to a recent report from ThredUp, and fashion retailers are diving into this growing market. Last week, the

Losing Ken Downing as senior vice president and fashion director isn't the only adventure in Neiman Marcus Group land right now. The company has announced a transaction support agreement (“TSA&

Former senior vice president and fashion director of Neiman Marcus is stepping down from his roles with the luxury retailer at the end of this week to lend his expertise to American Dream. A future N

The debut of its first New York flagship in Hudson Yards is not the only change Neiman Marcus is experiencing. The luxury retailer's longtime senior vice president and fashion director Ken Downing pl

New York City's much anticipated The Shops & Restaurants at Hudson Yards has opened the doors today. With the support of a range of retailers such as Neiman Marcus, Muji, Lululemon and Zara, the

The day has come. Hudson Yards, the largest and most expensive private real estate development in US history, opens its retail & restaurant area this Friday in Manhattan’s West Side after f

For its second quarter, Neiman Marcus Group Ltd LLC, reported total revenues of 1.39 billion dollars, representing an increase in comparable sales of 0.7 percent from the same quarter a year ago. Dur

Neiman Marcus will open its very first store in New York this Friday. Located inside Hudson Yards, the largest private real estate development in US history, the store marks the 43rd retail space for

Neiman Marcus Group LTD LLC has announced today that it has made significant progress in refinancing discussions and has reached an agreement in principle with majority holders of each of the company

When Parisian concept store Colette shuttered its doors at the end of 2017, it didn’t just mark the end of an era for the Rue Saint-Honoré boutique, but for fashion itself. Often describ

Neiman Marcus intends to shut down its retail innovations lab. Called the Neiman Marcus iLabs, the platform had been operated by Scott Emmons since 2012. Emmons announced his departure from the reta

The tides are continuing to turn in fashion, and many of the old guards of the fashion industry are finding themselves out. Jim Gold, the president and chief merchandising officer of Neiman Marcus Gr

Cannabis oil is everywhere in the beauty market. Luxury retailer Neiman Marcus is now the newest home for the cult beauty ingredient. The Dallas-based retailer, which integrates chains including Berg

The founder of the Neiman Marcus iLab contends retailers are hindering innovation - a surprising theory from a retail executive who six years ago had helped develop an innovative program to use techn

Neiman Marcus Group Ltd LLC announcing its financial update for the first quarter ended October 27, 2018 said that total revenues of 1.10 billion dollars, represented an increase in comparable revenu

Consumer tech retailer Soda Says, a UK-based company specializing in accessories across wellness and lifestyle categories, has just made its was to the U.S. market. Founded by Grace Gould in 2017, So

Things aren't looking pretty for Neiman Marcus. Business of Fashion has reported that Marble Ridge Capital LP said in a letter to Neiman Marcus Group Ltd LLC that the luxury department store company

Neiman Marcus Group has announced changes to the senior executive team. The company said, Carrie Tharp and Adam Orvos have both expanded oversight to deliver Geoffroy van Raemdonck’s strategy t

Neiman Marcus Group has appointed Darcy Penick as the President of Bergdorf Goodman. Starting her new position on September 4, 2018, Penick, the company said will report directly to Geoffroy van Raem

Neiman Marcus Group has named retail veteran Adam Orvos as their new Chief Financial Officer. Orvos will begin in his role on April 25. In the interim, CFO Dale Stapleton will continue in his role as

Neiman Marcus Group Ltd LLC, for its second quarter of fiscal year 2018 ended January 27, 2018, reported total revenues of 1.48 billion dollars, an increase of 6.2 percent. During this period, compar

Retail in the U.S. is largely a domestic industry, agree market experts. As such, the new taxation announced by Trump’s Administration will generally favor national retailers. The Tax Cuts and

Neiman Marcus has named Geoffrey van Raemdonck as their new chief executive officer. He succeeds Karen Katz, who has served as chief executive since 2010. Prior to his new role, Raemdonck was the gro

Neiman Marcus Group has reported that its comparable revenues rose 4.2 percent in the first quarter of fiscal 2018 from the same quarter a year ago – the first increase since the fourth quarter

For the fourth quarter ended July 29, 2017, the Neiman Marcus Group reported total revenues of 1.12 billion dollars, a decrease of 0.5 percent. Net loss was 366.3 million dollars compared to 407.3 mi

Hudson's Bay Co., the parent company of Lord & Taylor and Saks Fifth Avenue, is currently in talks to buy Neiman Marcus from its private equity owners. This would put two long-time direct competi

American department store group Neiman Marcus is in a pickle. The company has seen its sales nosedive and savvy shoppers are no longer loyal to the once leader of luxury fashion. The company, based i

For the second quarter, Neiman Marcus Group reported total revenues of 1.40 billion dollars, representing a decrease of 6.1 percent compared to 1.49 billion dollars for the second quarter of fiscal y

See-now-buy-now has become a big conversation in the fashion industry as the Fashion Week's keep going. There are those camp of fashion industry insiders who believe that items should be immediately

High end department store chain Neiman Marcus is at the lookout for either a buyer or an investor after definitely ditching the idea of a potential flotation in New York. The company’s quarter