Neiman Marcus faces rift with big luxury labels including Gucci
NY Post
Neiman Marcus stores appear to be losing their grip on Gucci bags and other luxe goods since the swanky retailer emerged from bankruptcy last fall, The Post has learned.
Six months after shedding most of a punishing, $5 billion debt load through Chapter 11, the Dallas-based luxury chain is struggling to keep its stores stocked as it faces weakened ties with major fashion labels including Gucci, sources told The Post. The relationship with Gucci looks particularly strained, insiders say. The iconic Italian fashion label, which charges more than $300 for a pair of rubber slides, is no longer available on the Neiman Marcus Web site. Only seven of its 37 stores now carry Gucci products, according to the site.
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