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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 .
Carrie Marcus Neiman (May 3, 1883 – March 6, 1953) was an American businesswoman and one of the co-founders of Neiman Marcus, a luxury department store. Early life [ edit ]
Neiman-Marcus specialized in readymade high-quality clothes for women at a time when visiting a tailor and or doing extensive alterations at home was the norm. Business grew quickly as cotton and later oil and other industries and population growth buoyed the Texas economy. In 1928 his sister Carrie divorced A. L. Neiman, Herbert bought out ...
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]
Stuart's career began early, having sold her first collection of fashion sets to Bloomingdale's by the age of 15 – suede hobo bags and silver and leather chokers. [4] [5] In 1988, her fashion entrepreneurship career took off as she established her first store, a fashion boutique located in the Upper East Side focusing on accessories such as belts and handbags.
He won the Neiman Marcus Fashion Award in 1968. [4] Other awards received in the 1960s include the Tobé Coburn award (1966), the Harper's Bazaar International award (1967), the Maremodo di Capri-Tiberio d'Oro award (1967), and the Swarovski award (1969). In 1990 he won the Brides award. [4]
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