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Report: Nieman Marcus Ready To Name New CEO

Loaded down with debt from two leveraged buyouts, the luxury retailer is about to name an ex-Ralph Lauren Corp. exec as its new chief executive. The “Wall Street Journal” is reporting that Geoffroy van Raemdonck will replace Karen Katz. Katz has served Nieman Marcus as CEO and president since 2010.

Read the whole story at Wall Street Journal »

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