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Neiman Marcus Becomes First Luxury Retailer to Invest in the Resale Market

Stores are opening but will consumers return? Join Cushman & Wakefield and rue21 for the Retail in Recovery webinar June 17 at 2 pm ET.

Neiman Marcus wants customers to buy brand new at its stores, and then drop off what they no longer want at one of its designated locations. That designation will be called Fashionphile, the luxury pre-owned sales site that just sold a minority stake to Neiman Marcus Group. It’s a significant move for Fashionphile, making it…

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