Neiman Marcus Goes for a New CEO, Amid Debt Issues

Posted on 01/05/2018


Luxury retailer Neiman Marcus Group Ltd. let go of its CEO Karen Katz in favor of Geoffroy van Raemdonck, a veteran of Ralph Lauren Corporation. Katz will continue to serve on Neiman Marcus’ board of directors. The loss-making luxury department store chain is mired in trying to restructure its massive US$ 4.4 billion in long […]