Neiman Marcus expanding fashion resale concept
April 23, 2021
Neiman Marcus is adding Fashionphile resale studios to 10 more stores this year. The luxury goods department store retailer is focusing more on environmental sustainability as consumers, particularly younger ones, make purchases based on their perceptions of a brand’s commitment to the greater good. “Environmental sustainability is top of mind for the fashion and retail industries,” said Neiman Marcus CEO Geoffroy van Raemdonck. “As the preeminent luxury customer platform, it’s our responsibility to take action and address sustainability issues for our associates, customers, investors and the future of our great company.”
Recent News
Grocery Prices Have Finally Fallen for the First Time in a Year
Some grocery staples are seeing a decline in price.
Under Armour Layoffs Set Company up for Major Restructuring, Says CEO
Amid a decline in revenue, the brand is restructuring.
Almost 900,000 Yogi Tea Bags Recalled Over Pesticides
East West Tea Company, LLC has initiated a recall affecting almost 900,000 Yogi tea bags in 54,846 boxes sold nationwide.
McDonald’s Introduces Limited-Time $5 Value Meal & New McFlurry
McDonald’s will launch a $5 value meal in the U.S. starting June 25, available for roughly a month.