Ilan Shavit On Monday, October 5th, 2015

Neiman Marcus cuts 500 jobs ahead of $100 million IPO

Dallas-based chain Neiman Marcus laid off 500 corporate and support staff on Thursday, the company said. The move comes just two months after the Luxury retailer, which has a significant amount of debt: More...

News Brief On Sunday, October 4th, 2015

Warburg Pincus Said to Opt Out of Buying Brazilian Bank’s Shares – Bloomberg

 Warburg Pincus LLC, the New York-based private-equity firm, won’t buy more shares of Banco Indusval SA as the Brazilian bank sells stock to raise $20 million in capital, according to two people More...

sima On Monday, August 10th, 2015

Why Neiman Marcus Will Be A Successful IPO

Neiman Marcus Group (NMG) made a terse announcement, with few details from management that it has filed for an IPO with the SEC. No date, no size nor the banker’s name was divulged. Maybe the company has More...

Niva Goldberg On Tuesday, June 2nd, 2015

Pinterest offers You Shopping with New ‘Buyable Pins’

Pinterest  for the first time adds Buyable Pins. Users can now shop by clicking on “buyable pin” products to see the price, color, size and quantity. Users can then click on a buy button to More...

Vered Weiss On Wednesday, February 25th, 2015

Neiman Marcus Introduces Mobile Wallet

Neiman Marcus has given customers a new way to pay without plastic. It has developed an app that will allow customers at Neiman Marcus, Bergdorf Goodman and Last Call stores to pay for merchandise while leaving More...

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