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Northbrook Court is a shopping mall in Northbrook, Illinois with a collection of stores serving the North Shore suburbs of Chicago.Located on 130 acres (0.53 km 2) of land, the mall currently features the traditional retailer Neiman Marcus as well as a number of prominent specialty retailers such as Apple, Lululemon, and Louis Vuitton. [2]
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 .
CHH had acquired Neiman Marcus, a three-unit operation at the time, in 1969. By the time of the sale, Bergdorf Goodman was the only large high-quality specialty store in the U.S. that remained independently owned. However, its decision not to build suburban branches left it with a relatively modest profit margin.
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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 ...
French group Kering, the brand behind luxury houses like Gucci, Saint Laurent and Balenciaga, is investing a whopping $963 million in prime New York City property, the company said in a press ...
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