Neiman Marcus’ list of creditors is a parterre de roi of fashion brands. The luxury retailer headquartered in Dalla asked, last week, for Chapter 11. Since the middle of March, the Covid-19 pandemic has forced the entity to close down all stores branded Neiman Marcus, Last Call and Bergdorf Goodman. A “large portion” of employees was either fired or their salary was reduced. Neiman Marcus’ objective is to rid itself of at least 4 billion of the 5.1 billion it has in debts.
Neiman Marcus’ list of creditors
Many luxury brands appear in Neiman Marcus’s list of creditors. Chanel is to receive over 6 million USD, Veronica Beard 4.35 million and Gucci America 3.16 million. And more: Dolce & Gabbana is to receive 2.71 million, Stuart Weitzman 2.58 million and Christian Louboutin 2.27 million. The list also includes Saint Laurent, which has a credit of 2 million USD, while Burberry’s amount is just shy of 2 million USD. Versace USA’s credit is of over 1.5 million USD, while Prada and Giorgio Armani’s are of 1.4 million USD each. Jimmy Choo and Ferragamo are part of the list as well, with around 1.15 million each, and Manolo Blahnik is owned 1.04 million. Bottega Veneta, Balenciaga, Alexander McQueen and Balmain are all owed amounts below the 1-million-USD mark.
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