What: Neiman Marcus Group intends to make an impact on environmental issues across its entire value chain.

Why is it important: In 2021, Ne4iman Marcus worked with merchants to set some preferred attributes and build those into its product management software system with the goal of increasing revenue from sustainable and ethical products.

Circular services with services like alterations and restoration being offered to extend the lives of loved luxury items have also seen a notable expansion in recent years. In 2015, NMG piloted a partnership with The RealReal, followed by an initiative to work with Rent the Runway in 2017. Most recently, NMG has become the first luxury retailer to make a long-term equity investment in resale with Fashionphile.

In further alignment with its customers’ asks, NMG has also made progress in its commitment to go fur-free by 2023, and is working with brand partners to increase revenue from the sale of sustainable and ethical products by 2025.

One brand partner NMG has created a relationship with is Prota Fiori, the luxury footwear company that uses sustainable leather alternatives to manufacture footwear. The brand’s mission is to preserve a connection between craftsmanship and sustainability.

Neiman Marcus Group is leveraging partnerships for greater ESG impact