'Farfetch' and the 'Farfetch' logo are trade marks of Farfetch UK Limited and are registered in numerous jurisdictions around the world. Our legacy of innovating and our culture of Belonging guide our roadmap for Revolutionizing Luxury Experiences. FARFETCH offers its broad range of consumer-facing channels and enterprise level solutions to the luxury industry under its Luxury New Retail initiative. +1-512-221-8434 Small Girls PR Neiman Marcus and Bergdorf Goodman have pioneered and continued to redefine luxury retailing in the United States, with exclusive products, an omnichannel offering and a team of more than 3,000 talented selling associates, which enable NMG to have an unmatched relationship with the luxury-obsessed customer. Completion of the global strategic partnership and investment is expected by the third quarter of 2022, subject to the satisfaction of customary closing conditions. Today, we released our first People Report and our second annual ESG Report, detailing progress on our 2025 goals. susannah.clark@farfetch.com John Walls Bigger is not necessarily better for consumers. The Luxury New Retail initiative also encompasses Farfetch Platform Solutions, which services enterprise clients with e-commerce and technology capabilities, and Future Retail, which develops innovations such as our Connected Retail solutions. Neiman Marcus Group is funded by Farfetch. Per maggiori informazioni sulle modalit di utilizzo dei dati sensibili, consulta la nostra Informativa sulla privacy e la nostra Informativa sui cookie. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including the factors discussed under the caption Risk Factors in Farfetchs Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (SEC) for the fiscal year ended December 31, 2021, as such factors may be updated from time to time in Farfetchs other filings with the SEC, which are accessible on the SECs website at www.sec.gov and the Investors page of Farfetchs website at www.farfetchinvestors.com. FARFETCHs additional businesses include Browns and Stadium Goods, which offer luxury products to consumers, and New Guards Group, a platform for the development of global fashion brands. You've got data that has to talk to each other and you've got 14 views of the customer, one each for each of these partners. Creating impact is a critical aspect . Shop the latest luxury fashions from top designers. By providing your email address below, you are providing consent to Farfetch to send you the requested Investor Email Alert updates. NMG undertakes no obligation to update or revise any forwardlooking statements, whether as a result of new information, future events or otherwise. 8 min read The Neiman Marcus Group says it's seeing a "rebound" in business, which is expressed to stakeholders in a confidential report with preliminary. 62929P 110) (collectively, the "Company Securities"); a bona fide prospective investor in the Company Securities; About Bergdorf Goodman FARFETCH offers its broad range of consumer-facing channels and enterprise level solutions to the luxury industry under its Luxury New Retail initiative. Since the launch of Connect, the company says associates have completed more than 5,000,000 engagement sessions and placed hundreds of thousands of orders on the platform. NMG has included statements in this press release that constitute "forwardlooking statements." Jun 1, 2023 Neiman Marcus and Bergdorf Goodman have pioneered and continued to redefine luxury retailing in the United States, with exclusive products, an omnichannel offering and a team of more than 3,000 talented selling associates, which enable NMG to have an unmatched relationship with the luxury-obsessed customer. The partnership builds on FARFETCHS Luxury New Retail vision and advances NMGs pioneering strategy to revolutionize integrated luxury retail, with an initial focus on re-platforming the Bergdorf Goodman website and mobile application to expand its global capabilities and services. Saks and The Webster are using Seer, a Y Combinator startup that increased its funding round due to retailer interest. VP Communications, Global farfetch@brunswickgroup.com As a result, Bergdorf Goodman will introduce its digital customer experience and curated offering to customers globally, integrating seamlessly with the iconic New York City flagship. "Management's Discussion and. The Luxury New Retail initiative also encompasses FARFETCH Platform Solutions, which services enterprise clients with e-commerce and technology capabilities, and Future Retail, which develops innovations such as our Connected Retail solutions. IR@farfetch.com, Neiman Marcus Group Media Contacts: If you live near a store, just bring us your items, and a style advisor will take it from there. Technology to improve personal relationships with customers is key, making services such as recommendations, one-to-one communications and store visits better, faster and more scalable. SALE'S ON SALE: EXTRA 25% OFF . 1.888.888.4757, FARFETCH and Neiman Marcus Group Announce the Closing of a $200 Million Minority Investment by FARFETCH in Neiman Marcus Group, For further information: Neiman Marcus Group Media Contacts: Rachel Hiatt, Senior Director, Strategic Communications, Neiman Marcus Group , 281-468-3510, rachel_hiatt@neimanmarcus.com ; Small Girls PR, nmg@smallgirlspr.com; Neiman Marcus Group Investor Relations Contact:, Mark Anderson, Director, Corporate Finance and Investor Relations, Neiman Marcus Group mark_d_anderson@neimanmarcus.com; FARFETCH Media Contacts:, Susannah Clark, VP Communications, Global, susannah.clark@farfetch.com , +44 778 840 5224; Brunswick Group, farfetch@brunswickgroup.com , US: +1 (212) 333 3810, UK: +44 (0) 207 404 5959; FARFETCH Investor Relations Contact:, Alice Ryder, VP Investor Relations IR@farfetch.com. Bergdorf Goodman is part of Neiman Marcus Group. We share the same unwavering vision for the future of luxury, with the customer at the centre of all we do. What you see is other folks vacate the space some folks who are leaning more toward pure play or leaning more toward mass. These forward-looking statements are based on managements current expectations. "We are pleased to share the successful closing of the investment by FARFETCH in NMG and now that the commercial agreements are final, we are excited to transition to realizing the important benefits of this partnership," said Geoffroy van Raemdonck, CEO of Neiman Marcus Group. After a bankruptcy filing amid a pandemic, Neiman Marcus Group, the luxury US department store owner, is making a $500 million bet that investing in technology can turn it around. Stylyze uses machine learning to understand products and then find similar or coordinating items. Both Bergdorf Goodman and Neiman Marcus will join the FARFETCH Marketplace as a partner, adding participating brands in key global geographies. Our legacy of innovating and our culture of Belonging guide our roadmap for Revolutionizing Luxury Experiences. Such forwardlooking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those projected in this press release for numerous reasons, including factors outside NMGs control. FARFETCH offers its broad range of consumer-facing channels and enterprise level solutions to the luxury industry under its Luxury New Retail initiative. Through the expertise of our 9,000+ associates, we deliver and scale a personalized luxury experience across our three channels of in-store, eCommerce, and remote selling. Today, the FARFETCH Marketplace connects customers in over 190 countries and territories with items from more than 50 countries and more than 1,400 of the world's best brands, boutiques and department stores, delivering a truly unique shopping experience and access to the most extensive selection of luxury on a single platform. You can unsubscribe at any time. Its really easy to build an ugly look, but it takes some real work and talent and a good team and years of investment to create a look that feels compelling. Plus, he says, acquiring Stylyze was faster than building from scratch, and helped the company remain competitive. The Company at any time may establish or close other offices and places of business and may change the principal place of Mark Anderson DALLAS-- ( BUSINESS WIRE )--Neiman Marcus Group LTD LLC (the "Company") today reported financial results for the fourth quarter and fiscal year ended July 28, 2018. Se non vuoi che noi e i nostri partner utilizziamo i cookie e i dati personali per questi scopi aggiuntivi, clicca su "Rifiuta tutto". From removing stains and giving leather a little love to replacing hardware and linings, repairing straps, and more, well give new life to your most-loved handbags. BG.com expands on Bergdorf Goodmans heritage, showcasing coveted collections for men and women in an unparalleled online shopping experience. Neiman Marcus Group is a relationship business that leads with love in everything we do for our customers, associates, brand partners, and communities. FARFETCH has invested for many years in its Luxury New Retail vision through its differentiated global technology platform. Follow Neiman Marcus: Neiman Marcus; This partnership is about revolutionizing the luxury landscape globally, both online and offline, by combining NMGs iconic presence in the U.S. and FARFETCHs Luxury New Retail vision and technology., We are thrilled to be partnering with FARFETCH to accelerate our e-commerce strategy, creating a seamless customer experience, said Geoffroy van Raemdonck, CEO of Neiman Marcus Group. People love Neiman Marcus, Kupbens says in an interview. Director, Corporate Finance and Investor Relations, Neiman Marcus Group In addition, the forward-looking statements made in this release relate only to events or information as of the date on which the statements are made in this release. In addition, the forward-looking statements made in this release relate only to events or information as of the date on which the statements are made in this release. Sometimes you have to prototype it and put it in front of her to say, does this feel like an elevated experience?,he says. Chief Financial Officer. At Neiman Marcus, were not just here for the moment or a season, were here for goodand for you. Bryan Cave Leighton Paisner and Taylor Wessing LLP are serving as legal counsel to FARFETCH. NMG will use the proceeds to further accelerate growth and innovation through investments in technology and digital capabilities. VP Investor Relations Founded in 2007 by Jos Neves for the love of fashion, and launched in 2008, FARFETCH began as an e-commerce marketplace for luxury boutiques around the world. As a result, Bergdorf Goodman will introduce its digital customer experience and curated offering to customers globally, integrating seamlessly with the iconic New York City flagship. These forward-looking statements are based on managements current expectations. Investor Relations. In May 2020, the group filed for bankruptcy, citing the pandemic as the catalyst. A representative for the company declined to comment. Enter your email to receive editorial updates, special offers and breaking news alerts from Vogue Business. 62929P 102), or Warrants to Purchase Common Units (CUSIP No. NEW YORK--(BUSINESS WIRE)--FARFETCH Limited (NYSE: FTCH), the leading global platform for the luxury fashion industry, and Neiman Marcus Group (NMG), the largest omnichannel luxury retailer in the U.S. and the parent of brands including Neiman Marcus and Bergdorf Goodman, today announced a global strategic partnership and investment by FARFETCH into NMG. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including the factors discussed under the caption Risk Factors in Farfetchs Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (SEC) for the fiscal year ended December 31, 2021, as such factors may be updated from time to time in Farfetchs other filings with the SEC, which are accessible on the SECs website at www.sec.gov and the Investors page of Farfetchs website at www.farfetchinvestors.com. Already, Neiman Marcus uses Stylyze technology to generate product and outfit recommendations from its assortment. US: +1 (212) 333 3810 Neiman Marcus Group has made 2 investments. "FARFETCH's investment demonstrates its confidence in our omnichannel strategy, and we look forward to partnering with them to continue revolutionizing the luxury customer experience and delivering value to all our stakeholders.". This press release features multimedia. Neiman Marcus is the company's signature retailer, selling women's, men's, and children's apparel, handbags and accessories, designer jewelry and precious jewels, and home and gift galleries . It is not possible for Farfetchs management to predict all risks, nor can Farfetch assess the impact of all factors on Farfetchs business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements that Farfetch may make. Small Girls PR During the pandemic, luxury department stores in the US after years of playing a crucial role in brand distribution strategies gave up ground to online early adopters and to brands that found DTC channels offered more control and higher margins. Through the expertise of our 9,000+ associates, we deliver and scale a personalized luxury experience across our three channels of in-store, eCommerce, and remote selling. Se vuoi personalizzare le tue scelte, clicca su "Gestisci le impostazioni per la privacy". The partnership brings together the resources of two industry leaders with a shared commitment to creating a seamless experience for customers. You can contact our restoration center directly by emailing us 24/7 or calling 8 AM-4 PM CT, Monday-Friday. We've allocated capital to them without as much clarity on the roadmap, because we want to give them the freedom to truly understand our customer. Im still optimistic. Neiman Marcus Group Releases First People Report and Updates Progress Toward 2025 ESG Goals READ MORE Jun 1, 2023 Neiman Marcus Group Previews New Corporate Hub with Dallas Mayor Eric L. Johnson READ MORE May 25, 2023 Neiman Marcus Group CEO Geoffroy van Raemdonck Honored at the 74th Annual Parsons Benefit READ MORE All News Email Alerts Well bring your shoes back to their former glory, replacing heels, covering scuffs and scratches, restoring the brilliance to the soles of your favorite Louboutins, and so much more. For more information, visit www.neimanmarcusgroup.com. As one of the largest multi-brand luxury retailers in the U.S.,with the world's most desirable brand partners, we're delivering exceptional products and intelligent services, enabled by our investments in data and technology.
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