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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 ...
Neiman Marcus is an American department store chain founded in 1907 in Dallas, Texas by Herbert Marcus, his sister Carrie Marcus Neiman, and her husband Abraham Lincoln Neiman. Since 2024 it has been owned by Saks Global , the American division of the Hudson's Bay Company .
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 ...
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The acquisition brought together Bergdorf Goodman, Neiman Marcus, Saks Fifth Avenue and Saks Off 5th, [5] HBC also owns the Hudson’s Bay and Zellers department stores. The purchase was supported with financing from Amazon (who will work with the group to “to innovate on behalf of customers and brand partners”), [ 5 ] Authentic Brands ...