Bergdorf Goodman news and archive

Neiman Marcus to go fur-free by 2023

The Neiman Marcus Group (NMG) has announced that it is to go fur-free by early 2023, as it confirms the closure of its existing fur salons. The American retailer said that it will discontinue selling any products containing animal fur as part of its forthcoming environmental, social and governance (ESG) strategy. The animal welfare policy,...

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Retail

Neiman Marcus ramps up digital with new hire and investments

The Neiman Marcus Group is reshaping the customer experience across both its Neiman Marcus and Bergdorf Goodman brands. The company has hired Bob Kupbens as its new executive vice president, chief product and technology officer. He will join Neiman Marcus on February 1, reporting to CEO Geoffroy van Raemdonck. Kupbens will work with the company’...

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Business

Neiman Marcus reborn: Multi-million dollar debt reduction and staff cuts

New York - The iconic U.S. luxury retail group has just announced its departure from the bankruptcy protection framework that it voluntarily filed for last May. Neimas Marcus resurfaces with a debt reduction of 4 million dollars and staff cuts. Despite having put the threat of bankruptcy behind, the retail group is cautious about the future. The...

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Fashion

Rihanna launched the latest Fenty drop at Bergdorf Goodman

Since its launch last year, Rihanna's LVMH-backed luxury label Fenty has released new collections through limited-time drops, often each with its own retail partnership. The label's most recent drop, called Release 2-20, launched this week in New York City amidst the excitement of New York Fashion Week. The pop star-turned-entrepreneur teamed...

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Fashion

Behind those magical traffic-stopping holiday windows

Rivaling New York City's 72-foot Christmas tree at Rockefeller Center for visitors are the enticing holiday windows all along Fifth Avenue. But from Galeries Lafayette in Paris to Harrods in London, top retailers of the world’s most important shopping cities participate in the tradition of decking out their windows with boughs of holly,...

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Business

Bondholder says Neiman Marcus might default

Things aren't looking pretty for Neiman Marcus. Business of Fashion has reported that Marble Ridge Capital LP said in a letter to Neiman Marcus Group Ltd LLC that the luxury department store company may be in default on its debt after it moved its MyTheresa business into an entity belonging to the retailer's private equity owners. "These recent...

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Darcy Penick named President of Bergdorf Goodman

Neiman Marcus Group has appointed Darcy Penick as the President of Bergdorf Goodman. Starting her new position on September 4, 2018, Penick, the company said will report directly to Geoffroy van Raemdonck, Chief Executive Officer, Neiman Marcus Group. “Darcy’s impressive leadership skills coupled with her success in digital and international...

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Fashion

Dior begins first e-commerce endeavor

New York - Dior, one of the most iconic luxury labels in the world, was eventually going to have to bow to the e-commerce trend despite their continued resistance. Of course, Dior isn't the "go big or go home" type of brand. This is the brand who prior to last month had Raf Simons, a man originally more known for minimalism, as their creative...

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Retail

Bergdorf Goodman sells internationally with Borderfree

US luxury retailer Bergdorf Goodman has partnered with Borderfree, an international cross-border e-commerce solutions company, to open its website and sell to international shoppers with BFX, Borderfree’s new global e-nocommerce platform for retailers. The partnership means that the American retailer will now be available for shoppers throughout...