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In October 2013, the Neiman Marcus Group was sold for $6 billion to Ares Management and the Canada Pension Plan Investment Board. [5] [6] In August 2015, the company again announced it was preparing for an initial public offering. [7] In late 2015 Neiman Marcus became a stand-alone company. In 2018 Geoffroy van Raemdonck replaced Karen Katz as ...
In March 2020, Neiman Marcus Group launched an app called NM Connect, which allows salespeople to communicate directly with customers via texts, email, phone and video calls. [ 71 ] In June 2021, Neiman Marcus Group acquired Stylyze, an e-commerce platform, to expand the company's e-commerce capabilities. [ 72 ]
The Neiman Marcus Group, in two promotions central to the luxury retailer’s growth, named Amanda Martin senior vice president and chief supply chain officer, and Vijay Karthik senior vice ...
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Saks Global was created in 2024 after the Canadian Hudson's Bay Company (HBC) purchased the American Neiman Marcus Group (NMG). [2] [3] [4] The acquisition was finalized in December 2024 and the purchase cost $2.7 billion. [5]
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