The Chanel Dip & Nordstrom’s $6.3B Take-Private

Pete Nordstrom, Erik Nordstrom
Nordstrom’s business has been struggling for some time, and the hope is that going private will allow the family to resize and refocus the business without the outside pressure from Wall Street to show quarterly growth and increasing margins. Photo: Joe Schildhorn/BFA.com
Lauren Sherman
&
Sarah Shapiro
May 20, 2025

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