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Who’s Owed What? Neiman’s Top Unsecured Creditors a Who’s Who of Luxury Fashion

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

Neiman Marcus Group owes millions to a who’s who of luxury fashion. The luxury retailer on Thursday filed its expected voluntary Chapter 11 petition for bankruptcy court protection after reaching a restructuring agreement with a two-thirds majority of its creditor groups. The filing in a Houston federal bankruptcy court shows the high-end chain expects to…

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