Neiman Marcus
Neiman Marcus experienced a 5 percent decline in top-line sales in 2017. It has been trying out new things that seem to work. Regardless, the interest expenses continue to take a toll on the company. Hudson’s Bay thought about acquiring the luxury clothing retailer, although it did not work out since they worried too much about the declining sales of the company.
Neiman Marcus
Bebe
This fashion retailer saw a decline in sales after the divorce between founder Manny Mashouf and creative director Neda Mashouf. Aside from her decision to leave the company, the decline of malls caused the situation Bebe is now in. It saw an estimated loss worth $4.6 million in 2017. They tried to address the problem by eschewing retail space. The company paid $65 million to shut down operations and turn to e-commerce.
Bebe
