The NYC-based designer will not host a runway show in September, calling on the fashion industry to rethink the system. The brand will instead present its collection in Fall, while also reorganizing its own rhythms.
Protests turned violent in places including New York and Chicago following the death in Minneapolis of a black man, George Floyd, seen on video gasping for breath as a white police officer knelt on his neck.
With coronavirus-related restrictions slowly being lifted in a number of states, companies including Macy’s, Nordstrom, Caleres and Ulta have joined the list of U.S. retailers slowly reopening their stores.
As uncertainty related to the Covid-19 crisis continues, the historied American fashion brand is reportedly looking for a buyer, having extended a sale process which was initially set in motion at the end of last year.
An investor group that comprises investment firm Mudrick Capital Management and hedge fund Third Point plans to challenge a $600 million financing package that Neiman Marcus has lined up for its looming bankruptcy.
With the Covid-19 pandemic meaning that many Americans are currently working from home, a recent survey from Nordstrom Trunk Club suggests that lounge and activewear have become the top lockdown trends.