<p>Luxury fashion retailer Neiman Marcus Group Ltd LLC said on Tuesday that it was exploring strategic alternatives, including changes to its capital structure or a sale of the company, as it seeks relief from its swelling debt pile.</p>
<p>The announcement follows a Reuters report earlier this month that the company had turned to investment bank Lazard Ltd to explore ways to bolster its balance sheet. Neiman Marcus has total liabilities of US$6.4 billion, including US$1.2 billion of deferred income taxes.</p>