luxury

Retail
Neiman Marcus Emerging From Chapter 11 On September 30

In a decision that allows the company to emerge from Chapter 11, the Bankruptcy Court for the Southern District of Texas issued a ruling confirming Neiman Marcus Group’s plan of reorganization.

Retail
Neiman Marcus Files For Bankruptcy

Neiman Marcus has filed Chapter 11 and entered into a restructuring support agreement with a significant majority of its creditors to undergo a financial restructuring, substantially reducing its debt load and interest payments and supporting continued operations during the COVID-19 pandemic and beyond.

Retail
RH Opens Columbus Gallery

RH has opened its latest gallery store format, RH Columbus, The Gallery at Easton Town Center. It continues the retailer’s foray into hospitality with a glass-encased Rooftop Restaurant, and Wine & Barista Bar, that open onto a landscaped park.

Retail
RH Opens Minneapolis Gallery

Restoration Hardware has opened RH Minneapolis, The Gallery in Edina. The store continues the retailer’s foray into hospitality with a glass-encased Rooftop Restaurant, and Wine & Barista Bar, that open onto a landscaped park.

Retail
Gump’s Files For Bankruptcy

Gump’s Holdings and its affiliates Gump’s Corp. and Gump’s By Mail, Inc. have filed voluntary petitions on August 3 for relief under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Nevada.

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