Tag Archives: Neiman Marcus

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Farfetch Aims to Become the ‘Amazon’ of Luxury as it Invests in Neiman Marcus

Back in 2007, José Neves saw online e-commerce was the inevitable future of the luxury market. He set out to make the most of it and founded Farfetch as a global marketplace for brick-and-mortar fashion boutiques to expand in the nascent e-commerce channel.At the time, the powers that be in luxury were not convinced, believing […]

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Neiman Marcus’ Transformation Continues, But One Tradition Carries On: Its Christmas Book

Since joining Neiman Marcus Group as chief executive officer in 2018, Geoffroy van Raemdonck has been spearheading a transformation plan for the company that includes luxury legacy retailers Neiman Marcus and Bergdorf Goodman.Unable to realize his vision weighted down by nearly $6 billion in debt, Neiman Marcus filed for bankruptcy in May 2020, not long […]

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