Time has run out for the trolls that run NMG. Enjoy those Penney bonds you own before they go nil! :)
https://robbreport.com/style/menswear/amazon-is-getting-ready-to-introduce-luxury-fashion-2891626/
3 replies (most recent on top)
Folks said the same thing about Costco back in the day.
I’d rather buy from amazon and get it the next day, than from Neimans and have my order canceled a week later saying they don’t have it.
Plus, Amazon can handle the volume whereas Neimans is holding onto sc-aps in their decline. They’ll be lucky to keep vendors after their last downgrade and insurance pullout.
They’re toast; extra crispy.
Purchasing Nordstrom would make sense...Saks and Neimans both have Barneys finances..
Yeah, good luck buying something super valuable from Amazon. Last time I bought Gillette razors I got such a c-appy product I decided that I'll never buy the brand again.
I honestly think they (Amazon) will buy Nordstorm as they have an awesome geo footprint, solid tech group and would provide Amazon with an entry into big pickets (just like the Whole Foods purchase did)