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Bankrupt Neiman Follows Ralph and Kohl’s in Slashing Jobs

Join us on January 26 at 11 am ET for a webinar with Lenzing, TextileGenesis and sustainable brand ArmedAngels for a discussion on how they’re using Fibercoin technology to realize traceability’s benefits to sustainability, brand loyalty and risk mitigation.

Bankrupt Neiman Marcus Group is getting rid of jobs before it exits Chapter 11. “Neiman Marcus Group is now in a much stronger financial position than we were prior to our Chapter 11 restructuring. NMG will emerge with substantially reduced debt, one of the best capital structures among multi-retailers, and enhanced financial flexibility. We are…

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