Bergdorf Goodman Sale May Signal Luxury Retail Requiem

On "Mornings with Maria," Burt P. Flickinger, III reported that Bergdorf Goodman may levitate from a coffin like Screamin' Jay Hawkins in a retail requiem for luxury retail if Neiman Marcus sells it to Selfridges or another top luxury retailer. He also analyzed the pandemic's long-term implications for luxury retail, both online and in-store, across the Fashion Deserts in the People's Republic of China, Continental Europe and other parts of the Americas, and offered his prognosis for the gaming/luxury dynamic.

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