Neiman Marcus invests in luxury reseller Fashionphile

Neiman Marcus is making another play into the growing luxury resale market. The luxury department store retailer, No. 51 in the just-released Internet Retailer 2019 Top 1000, has purchased a minority stake in Fashionphile, an online retailer that buys and resells luxury goods. Neiman Marcus did not disclose the amount of its investment. Fashionphile has … Continue reading Neiman Marcus invests in luxury reseller Fashionphile