Loss Call

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

Bad news: Neiman Marcus has announced that it posted a $2.7 million loss in the third quarter of this year. Good news: The brand is now focusing on investing in renovations, not to mention building up its Last Call Studio presence. [DBJ]