Live Breaking News & Updates on Van Raemdonck

Stay updated with breaking news from Van raemdonck. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Neiman Marcus to spend $500M on new investments amid rebound


AP
 
TribLIVE s Daily and Weekly email newsletters deliver the news you want and information you need, right to your inbox.
NEW YORK Neiman Marcus is hoping to capitalize on rebounding luxury sales by investing more than $500 million over the next three years in refreshing stores, speeding up deliveries and acquiring new technology.
The plan, unveiled Tuesday, includes a pact to purchase Stylyze Inc., a tech startup that recommends outfits for customers based on past purchases and browsing history. Neiman Marcus has been working with the company since 2018 and decided to buy it outright because of its potential, according to the luxury retailer’s CEO, Geoffroy van Raemdonck. He says the machine learning technology has helped convert online browsers into buyers and enticed shoppers to keep coming back. ....

New York , United States , Geoffroy Van Raemdonck , Van Raemdonck , Neiman Marcus , Stylyze Inc , Associated Press , West Coast , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , நெய்மன் மார்கஸ் , தொடர்புடையது ப்ரெஸ் , மேற்கு கடற்கரை ,