{"id":132906,"date":"2020-04-24T09:10:19","date_gmt":"2020-04-24T13:10:19","guid":{"rendered":"https:\/\/models.com\/oftheminute\/?p=132906"},"modified":"2020-04-24T18:29:15","modified_gmt":"2020-04-24T22:29:15","slug":"neiman-marcus-bankruptcy-rumors-amass-selling-prints-for-relief-pictures-for-elmhurst-raises-over-1m-and-more-of-the-news-you-missed","status":"publish","type":"post","link":"https:\/\/models.com\/oftheminute\/?p=132906","title":{"rendered":"Neiman Marcus bankruptcy rumors, AMASS selling prints for relief, Pictures For Elmhurst raises over $1M and more of the news you missed"},"content":{"rendered":"

Neiman Marcus Bankruptcy Rumors<\/strong>
\nIt has furloughed approximately 14,000 employees and closed all 73 stores during the coronavirus pandemic, and now major American department store Neiman Marcus is rumoredly on the verge of filing for bankruptcy. Credit ratings firm Standard & Poor have relegated Neiman Marcus’ credit to “junk status” after the retailer missed crucial loan repayments last week on its $4.8 billion debt, stating that the chances of the company experiencing a financial turnaround are “increasingly low.\u201d Known for paying generous day rates and covering the cost of travel, the Dallas-based retail giant–which also owns Bergdorf Goodman and luxury e-commerce site MyTheresa–has long been a highly favored client amongst US model agencies. [Reuters<\/a>]<\/p>\n

AMASS Selling Artist Prints to Support Healthcare Workers<\/strong>
\nFormed by photographers Christian Weber<\/a> and Zach Gold<\/a>, AMASS.life is selling prints donated by artists such as Fabien Baron, Mick Rock and Barnaby Roper. Each print costs $95 USD and 100% of profits go to the COVID-19 Emergency Relief Fund<\/a>, which supports New York’s frontline health care workers. [AMASS.life<\/a>]<\/p>\n

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A post shared by AMASS (@amass.life)<\/a><\/p>\n<\/div>\n<\/blockquote>\n