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News briefs

Day’s wrap: Neiman Marcus, Rolls-Royce, Michael Kors, LVMH, Longchamp and Chloé

September 24, 2018

Nieman Marcus hopes to cover its debts by 2020. Image credit: Neiman Marcus

 

By Staff reports

Neiman Marcus’ talks to restructure debt are stalled

Retail group Neiman Marcus Group Inc. has hit a wall in negotiations with its creditors due to a conflict over control of MyTheresa.com.

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  1. IWC social snow globe stirs up winter memories
  2. Luxury consumers trending toward goodness in purchases, values
  3. How can luxury brands tap into the back-to-school season?
  4. Balmain enlists virtual faces as brand spokesmodels
  5. Stuart Weitzman names Kim Kardashian as global ambassador
  6. Preloved items from Hermès hold highest resale value: The RealReal
  7. Tiffany keeps it simple to attract interest in New York Times ad
  8. Galeries Lafayette unveils plans for second Paris flagship
  9. Mercedes exec: Social media efforts should single out brand advocates
  10. Bentley launches unisex, sustainable scent
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