News

Neiman Marcus has unveiled this year’s luxury Fantasy Gift guide with items starting at $95,000 — see what it includes

Neiman Marcus has unveiled its annual Fantasy Gifts list filled with accessories, experiences, and travel opportunities. The list ranges from $US95,000 to $US870,000. All gifts include a donation to charity foundations. Visit Business Insider’s homepage for more stories. Neiman Marcus has unveiled its 2020 Fantasy Gifts list, the luxury department […]
Neiman Marcus has unveiled this year’s luxury Fantasy Gift guide with items starting at $95,000 — see what it includes
Markets

A record 46 billion-dollar companies have filed for bankruptcy in the US this year as the pandemic continues to wreak havoc and its far from over, say experts

A record 46 companies with at least $US1 billion in assets have filed for Chapter 11 bankruptcy this year, the Financial Times reported, citing BankruptcyData.com. The previous record was 38 billion-dollar businesses during the same period of 2009. JCPenney, Brooks Brothers, and Chesapeake Energy are among the big companies that […]
A record 46 billion-dollar companies have filed for bankruptcy in the US this year as the pandemic continues to wreak havoc and its far from over, say experts
News

Fashion icons are mourning the death of the industry as we know it

The coronavirus pandemic has battered a fashion ecosystem that was already showing signs of collapse. Some industry leaders are speaking openly about the need to completely overhaul the system. “I think in general, we’ve created a system that is unrealistic and a strain for even the largest of brands,” Anna […]
Fashion icons are mourning the death of the industry as we know it
Markets

What’s driving an exodus at Deutsche Bank’s vaunted credit desk

Welcome to Wall Street Insider, where we take you behind the scenes of the finance team’s biggest scoops and deep dives from the past week. If you aren’t yet a subscriber to Wall Street Insider, you can sign up here. Goldman Sachs exec Ram Sundaram has solidified his position as […]
What’s driving an exodus at Deutsche Bank’s vaunted credit desk
Lifestyle

What 11 fashion brands are doing to help fight the COVID-19 pandemic

The COVID-19 outbreak has caused a global shortage of important products like personal protective equipment and hand sanitizer for healthcare workers. The fashion industry was one of the first to volunteer its resources to combat the pandemic. Chanel is making masks and gowns, while LVMH is producing hand sanitizer. Here’s […]
What 11 fashion brands are doing to help fight the COVID-19 pandemic
News

Neiman Marcus, J. Crew, and True Religion are among the first US retailers to file for bankruptcy as the pandemic takes its toll. Here’s the full list so far.

Some of the country’s biggest retailers are starting to fail and file for bankruptcy as the coronavirus pandemic continues to decimate the industry. Experts say we expect to see other retailers following suit in the next few weeks and months. Here’s who has filed for bankruptcy so far. Visit Business […]
Neiman Marcus, J. Crew, and True Religion are among the first US retailers to file for bankruptcy as the pandemic takes its toll. Here’s the full list so far.
News

A Champagne vending machine, a $2,100 cigar collection, and a 007 Aston Martin: Here are the over-the-top gifts on Neiman Marcus’ gift guide for the ultra-wealthy

Neiman Marcus unveiled its 2019 Christmas Book, a curated collection of 800 holiday gift ideas, including eight ultra-luxe “Fantasy Gifts” with price tags that hit upwards of $US700,000. This year marks the 60th anniversary of Neiman Marcus Fantasy Gifts, which include hands-on excursions like customising your own pair of Christian […]
A Champagne vending machine, a $2,100 cigar collection, and a 007 Aston Martin: Here are the over-the-top gifts on Neiman Marcus’ gift guide for the ultra-wealthy
News

Major retailers including Nordstrom, Macy’s, and JCPenney reportedly joined Victoria’s Secret in using a modelling agency with ties to Jeffrey Epstein

Several major retailers – including Nordstrom,Macy’s, and JCPenney– reportedly worked with MC2 Model Management, the agency accused of supplying underage women to Jeffrey Epstein‘s alleged sex trafficking operation. According to Bloomberg, MC2 business partner Jeff Fuller approached CEO Jean-Luc Brunel in 2014 to voice concerns about Brunel’s ties to Epstein, […]
Major retailers including Nordstrom, Macy’s, and JCPenney reportedly joined Victoria’s Secret in using a modelling agency with ties to Jeffrey Epstein
News

We compared the shopping experiences at Neiman Marcus and Saks Fifth Avenue stores in New York City — and the winner features old-school arcade games and a test kitchen

We compared the New York City flagship stores of two luxury retailers: Neiman Marcus and Saks Fifth Avenue. While Saks has been on 5th Avenue between 49th and 50th Streets since 1924,according to the company, Neiman Marcus opened in the new $US25 billion neighbourhood of Hudson Yards in March 2019. […]
We compared the shopping experiences at Neiman Marcus and Saks Fifth Avenue stores in New York City — and the winner features old-school arcade games and a test kitchen
Lifestyle

NYC’s first-ever Neiman Marcus just opened in Hudson Yards. The CEO has described the store as a ‘magical’ and ‘immersive’ experience — here’s what I found inside

Neiman Marcus opened its first New York City store in Hudson Yards, the city’s new $US25 billion neighbourhood. The 188,000-square-foot luxury department store spans three floors of the Shops and Restaurants shopping complex. Geoffroy van Raemdonck, CEO of Neiman Marcus Group, said the new store will create “a personal customer […]
NYC’s first-ever Neiman Marcus just opened in Hudson Yards. The CEO has described the store as a ‘magical’ and ‘immersive’ experience — here’s what I found inside
News

Retailers are filing for bankruptcy at a staggering rate — and these 17 companies could be the next to default

Moody’sInvestors Service identified 17 retailers with the highest risk of defaulting or filing for bankruptcy protection. The list includes PetSmart,Neiman Marcus, and J.Crew. Two months into 2019, four retailers have already filed for bankruptcy protection: Payless ShoeSource, Charlotte Russe, Gymboree, and FullBeauty Brands. The fallout from the retail apocalypse is […]
Retailers are filing for bankruptcy at a staggering rate — and these 17 companies could be the next to default