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Luxury Retailer Neiman Marcus Files for Chapter 11 Bankruptcy Protection

Century-Old Apparel Chain Secured $750 Million in Debtor-in-Possession Financing, Liquidity From Creditors
Neiman Marcus, a luxury retailer with stores throughout the United States, has filed for bankruptcy protection Thursday. (iStock)
Neiman Marcus, a luxury retailer with stores throughout the United States, has filed for bankruptcy protection Thursday. (iStock)

High-end retailer Neiman Marcus filed for Chapter 11 bankruptcy protection, naming some of the world's most luxurious brands such as Chanel, Gucci and Giorgio Armani as its largest creditors.

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