Luxury Daily
The authority in luxury news.
Nov. 14, 2024
  1. Ferrari teams with Paramount Pictures ahead of ‘Gladiator II’ premiere
  2. Luxury Unfiltered: Crisis or opportunity? Why luxury brands must focus on strategy, not fear
  3. Viceroy Hotels debuts narrative-driven brand identity
  4. In Geneva, Christie’s records new high with Aga Khan emerald
  5. Art to comprise 11pc of UHNWI portfolios by 2026: Bank of America
  6. Belmond to launch new luxury sleeper train in England, Wales
  7. ‘Hermès in the Making’ pop-up continues world tour in Zurich
  8. Capri Holdings, Tapestry abandon plan to merge
  9. Diageo launches new division for luxury brands, experiences
  10. Neiman Marcus honors Leonard A. Lauder in New York City
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Retail

Leader of US shopping center lobby issues statement as malls gasp for breath

July 20, 2020

U.S. department store chain Neiman Marcus, currently in Chapter 11 bankruptcy proceedings, has four big leases for sales in malls across the United States. Department stores typically anchor malls in the U.S. and their departure typically triggers escape clauses for other brands and retailers. Image credit: ICSC U.S. department store chain Neiman Marcus, currently in Chapter 11 bankruptcy proceedings, has four big leases for sales in malls across the United States. Department stores typically anchor malls in the U.S. and their departure typically triggers escape clauses for other brands and retailers. Image credit: ICSC

 

By Luxury Daily News Service

The U.S. shopping mall is fighting for its existence as the COVID-19 coronavirus outbreak has temporarily shuttered stores and restaurants in these theatres of retail that are home to luxury goods and specialty brands.

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. Ferrari teams with Paramount Pictures ahead of ‘Gladiator II’ premiere
  2. Luxury Unfiltered: Crisis or opportunity? Why luxury brands must focus on strategy, not fear
  3. Viceroy Hotels debuts narrative-driven brand identity
  4. In Geneva, Christie’s records new high with Aga Khan emerald
  5. Art to comprise 11pc of UHNWI portfolios by 2026: Bank of America
  6. Belmond to launch new luxury sleeper train in England, Wales
  7. ‘Hermès in the Making’ pop-up continues world tour in Zurich
  8. Capri Holdings, Tapestry abandon plan to merge
  9. Diageo launches new division for luxury brands, experiences
  10. Neiman Marcus honors Leonard A. Lauder in New York City
VIDEOS
More Videos

MORE IN Retail
Fortnum & Mason debuts Christmas window collaboration with Edinas Paper
Loro Piana, Harrods celebrate holidays
Manolo Blahnik opens first Shanghai store
LVMH partners with Swire Properties towards sustainability in China
RH Raleigh, The Gallery at North Hills opens in Carolinas
Secondhand fashion carries new marketing effort from eBay



RECENT ARTICLES
Neiman Marcus honors Leonard A. Lauder in New York City
IWC Schaffhausen wins top prize at Grand Prix D’Horlogerie de Genève 2024
Capri Holdings, Tapestry abandon plan to merge

Viceroy Hotels debuts narrative-driven brand identity
In Geneva, Christie’s records new high with Aga Khan emerald
Meta drops price on paid subscription tier in EU