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Bonuses and Bankruptcy: Retail’s Strange Bedfellows?

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

Bonuses and bankruptcy are proving to be strange bedfellows in retail. Neiman Marcus is seeking court approval to shower key executives with millions in bonuses, prompting a Department of Justice (DOJ) attorney to contest the request. The debt-laden luxury chain, which filed a Chapter 11 petition in May, wants to dole out up to $10…

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