Wednesday, June 16, 2021

Neiman Marcus to spend $500M on new investments amid rebound


NEW YORK (AP) — Neiman Marcus is hoping to capitalize on rebounding luxury sales by investing more than $500 million over the next three years in refreshing stores, speeding up deliveries and acquiring new technology. The plan, unveiled Tuesday, includes a pact to purchase Stylyze Inc., a tech startup that recommends outfits for customers based […]

source https://www.seattletimes.com/business/neiman-marcus-to-spend-500m-on-new-investments-amid-rebound/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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