What: The group is developing plans to convert all 22 fur salons into "customised for modern luxury experiences."

Why is it important: The change follows the company’s establishment of an Environmental Social Governance team.

The Neiman Marcus Group will discontinue selling products containing animal fur by early 2023. The new policy eliminates animal fur products from the Neiman Marcus and Bergdorf Goodman stores and websites and calls for shutting down the fur salons at both divisions. Neiman Marcus has 21 fur salons in stores; Bergdorf’s has one fur salon.

To replace a significant fur business, NMG will convert into spaces “customised for modern luxury experiences,” without specifying what those experiences would be. The company added that it plans to work with luxury brands creating “new and innovative ultra-luxury concepts that satisfy the discerning tastes of luxury customers.”

Neiman Marcus Group Goes Fur Free