💥Retail is Buckling💥

Neiman Marcus, John Varvatos, Techniplas & PIPEs

🍿Get Your High End Popcorn Ready (Long Risky DIPs)🍿

Dallas-based Neiman Marcus Group LTD LLC, Bergdorf Goodman Inc. and 22 other affiliated entities (the “debtors”) 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 monstro…