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On May 2, 2005, Neiman Marcus Group was the subject of a leveraged buyout (LBO), selling itself to two private equity firms, Texas Pacific Group and Warburg Pincus. [3]In August 2013, Women's Wear Daily reported Neiman Marcus Group was preparing for an initial public offering of its stock. [4]
The Neiman Marcus Group owned majority interest in Kate Spade LLC, a manufacturer of handbags and accessories. In October 2006, the company purchased all minority interest for approximately $59.4 million, and in November 2006 sold 100% ownership to Liz Claiborne , Inc. for approximately $121.5 million.
The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman stores, for $2.65 billion, with online behemoth ...
The parent company of department store chain Saks Fifth Avenue has agreed to buy luxury retailer Neiman Marcus in a $2.6bn deal.. The deal, which had been rumored ever since Neiman Marcus filed ...
The Neiman Marcus Group wrapped up its fiscal year on a positive note and is “prepared” to meet the demand for holiday shopping and confront the headwinds challenging the industry. So said ...
After filing for bankruptcy shortly into the pandemic—and emerging, guns blazing, three months later—leaders at Neiman Marcus Group (NMG) realized that in order to keep up with an entirely new ...
Fresh with new and ambitious goals, Neiman Marcus Group intends to make an impact on environmental issues across its entire value chain. During the FMG Sustainability Forum, Amanda Martin, senior ...
Neiman Marcus Holding Co said it has completed its Chapter 11 bankruptcy protection process, emerging from one of the highest-profile retail collapses. Department store chain Neiman Marcus emerges ...