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Neiman Marcus Plans to Exit Four Store Leases: What to Know

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 is looking to wiggle out of four store leases as it aims to restructure and offload billions in debt. A&G Real Estate Partners is marketing the four of the luxury chain’s leases in California, Washington, Florida and Washington, D.C. “Real estate is a long-term play,” said Emilio Amendola, co-president at A&G. “These…

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