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Sunday, April 26, 2020

Exclusive: Investors to challenge Neiman Marcus bankruptcy loan, push for sale - sources

An investor group that comprises investment firm Mudrick Capital Management LP and Daniel Loeb's hedge fund Third Point LLC plans to challenge a $600 million financing package that Neiman Marcus Group has lined up for its looming bankruptcy, and will push the U.S. department store operator to sell itself, people familiar with the matter said on Sunday.


from Reuters: Business News https://ift.tt/3cJZMqu

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H&M to use digital clones of models in ads and social media

Some fear the move could mean less work for models, photographers and make-up artists. from BBC News https://ift.tt/OyanBAr