Neiman Marcus, which is owned by private equity firms Warburg Pincus and TPG, is investing $28m in Glamour as its first move into China's luxury market.
US-based retailer Neiman Marcus Group is taking a non-controlling strategic stake in China-based e-commerce company Glamour Sales.
Neiman Marcus, which is owned by private equity firms Warburg Pincus and TPG, is investing $28m in Glamour as its first move into China’s luxury market.