Neiman Marcus has filed for bankruptcy, a move that could have major implications for Related Companies’ luxury Hudson Yards mall. The department store chain filed for Chapter 11 protection Thursday in the U.S. Bankruptcy Court for the Southern District of Texas, following weeks of speculation about the debt-laden retailer’s future. In a statement released by the company, Geoffroy van Raemdonck, Neiman Marcus’ chairman and CEO, said the coronavirus pandemic had triggered the filing. “Like most
source https://therealdeal.com/2020/05/07/neiman-marcus-files-for-bankruptcy-casting-uncertainty-over-hudson-yards/
No comments:
Post a Comment