Retail

Neiman Marcus files for bankruptcy

US-based department-store group Neiman Marcus has filed for bankruptcy. The move has been expected for weeks. The...
May 7, 2020

Nordstrom to close 16 stores

US-based retailer Nordstrom will close 16 stores, the company said in COVID-19 business update. The retailer is...
May 6, 2020

The future of DTC

Direct-to-consumer (DTC) brands have seen strong growth, but are their strategies sustainable?

May 1, 2020

Neiman Marcus defaults on payments

US-based retailer Neiman Marcus missed interest payments according to a letter from investment firm Marble Ridge Capital...
April 17, 2020