UPDATE 2-Neiman Marcus skips debt payment as potential bankruptcy looms
Neiman Marcus Group skipped a
debt payment due this week, the latest sign of a cash crunch
pushing the U.S. luxury department store chain to the brink of a
possible bankruptcy after it temporarily closed stores amid the
coronavirus pandemic.
debt payment due this week, the latest sign of a cash crunch
pushing the U.S. luxury department store chain to the brink of a
possible bankruptcy after it temporarily closed stores amid the
coronavirus pandemic.
Posted by Reuters
