Neiman Marcus
American department store chain
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| February 2025 | Announced the closure of its flagship store in Downtown Dallas, set to close on March 31, 2025, after nearly 120 years of operation. |
| 2024 | Neiman Marcus experienced a major data breach as part of the Snowflake mass hacking campaign, involving theft of personally identifiable information for nearly 30 million customers, partial credit card numbers, purchase histories, and over 12 million customer gift card numbers. |
| December 2024 | Acquired as part of the $2.7B Neiman Marcus Group acquisition by Saks Global. |
| July 2024 | Announced plans to merge with Saks Fifth Avenue in a reported $2.65 billion merger. |
| June 2022 | Reported highest sales volume in almost half of their stores, with sales of their 20 best-selling brands growing 70% above pre-COVID levels in 2019. Also noted attracting younger customers, with average customer age dropping from mid-40s to high-30s. |
| April 2022 | Farfetch Limited invested $200 million as a minority stakeholder in the Neiman Marcus Group to stimulate growth through e-commerce marketplace solutions. |
| July 2021 | Spun off mytheresa and filed for IPO on the NYSE, initially valued at $2.2 billion and increasing to $3 billion during the first day of trading. |
| June 2021 | Neiman Marcus Group acquired Stylyze, an e-commerce platform, to expand the company's digital capabilities. |
| September 2020 | Exited Chapter 11 bankruptcy and became owned by a consortium of investment firms including Davidson Kempner Capital Management, Sixth Street Partners, and Pacific Investment Management. |
| August 2020 | Announced the closing of five stores: Mazza Gallerie in Washington D.C., Hudson Yards in New York City, The Galleria at Fort Lauderdale, Worth Avenue in Palm Beach, Florida, and Downtown Bellevue near Seattle. |
| May 2020 | Neiman Marcus Group and 23 affiliated debtors filed Chapter 11 bankruptcy in the United States District Court for the Southern District of Texas, directly attributed to the COVID-19 pandemic. |
| March 2020 | Neiman Marcus Group launched NM Connect, an app allowing salespeople to communicate directly with customers via multiple communication channels. |
| April 2019 | Neiman Marcus acquired a minority stake in Fashionphile, an online resale platform for handbags, jewelry and accessories. |
| 2018 | Geoffroy van Raemdonck replaced Karen Katz as CEO. |
| 2015 | Neiman Marcus became a stand-alone company. |
| August 2015 | Neiman Marcus announced it was again preparing for an initial public offering. |
| 2014 | Neiman Marcus acquired the German luxury fashion e-commerce platform mytheresa.com and its flagship store from founders Christoph and Susanne Botschen and Acton Capital Partners. |
| 2013 | Neiman Marcus settled a federal claim regarding false fur labeling, promising to adhere to federal fur labeling laws for the next twenty years. |
| November 2013 | The firm discovered a 25-carat rough diamond off Namibia's coast, valued with a reserve price of $1.85 million, referred to as the 'Nam Diamond'. |
| October 2013 | Neiman Marcus Group was sold for $6 billion to Ares Management and the Canada Pension Plan Investment Board. |
| August 2013 | Women's Wear Daily reported Neiman Marcus Group was preparing for an initial public offering of its stock. |
| 2012 | Neiman Marcus partnered with Target Corporation to create a holiday collection featuring 24 designers from the Council of Fashion Designers of America (CFDA), offering a 50-piece collection of apparel, accessories, and dog gifts. |
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