šŸ’„Retail is BucklingšŸ’„

Neiman Marcus, John Varvatos, Techniplas & PIPEs

šŸæGet Your High End Popcorn Ready (Long Risky DIPs)šŸæ

Dallas-based Neiman Marcus Group LTD LLC, Bergdorf Goodman Inc. and 22 other affiliated entities (the ā€œdebtorsā€) filed for chapter 11 bankruptcy in the Southern District of Texas late this week. For an explanation why aside from the obvious pandemic-related narrative, look no farther than this monstroā€¦

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