Neiman Marcus Group Company Research Report

Company Overview

Name

Neiman Marcus Group

Mission of the Company

Neiman Marcus Group is a relationship business that leads with love in everything we do for our customers, associates, brand partners, and communities. Our legacy of innovating and our culture of Belonging guide our roadmap for Revolutionizing Luxury Experiences.

Founded

Year: 1907

Founders: Herbert Marcus, Sr., Carrie Marcus Neiman, and A.L. Neiman

Key People

Geoffroy van Raemdonck - Chief Executive Officer

Ryan Ross - President of Neiman Marcus and Head of NMG Customer Insights

Darcy Penick - President of Bergdorf Goodman and Head of NMG Product & Technology

Lana Todorovich - Chief Merchandising Officer, Neiman Marcus

Katie Anderson - Chief Financial Officer

Eric Severson - Chief People, ESG, and Belonging Officer

Ann Marie Janke - Chief Technology and Information Officer

Tiffin Jernstedt - Chief Communications Officer

Stefanie Tsen Ward - Chief Integrated Retail and Customer Officer, Neiman Marcus

Aaron Peterson - Bergdorf Goodman Chief Financial Officer & Head of NMG FP&A

Tom Mattei - Chief Legal Officer, Corporate Secretary, Chief Compliance Officer

Headquarters

Dallas, Texas, USA

Number of Employees

10,000+

Revenue

No information is available

What is the Company Known For?

Neiman Marcus Group is known as one of the largest multi-brand luxury retailers in the U.S., with flagship brands including Neiman Marcus and Bergdorf Goodman. The company is renowned for creating the Neiman Marcus magic through exceptional customer experiences, luxury services, and unique products.

Products

What Products Do They Offer?

Neiman Marcus: Provides a curated product assortment, luxury services, and exclusive activations.

Bergdorf Goodman: Offers luxury fashion and home collections through a fine shopping experience.

Last Call: Sells end-of-season and post-season clearance goods.

Horchow: Offers luxury home furnishings and accessories.

High-Level Description of the Product

Neiman Marcus and Bergdorf Goodman present high-end fashion, accessories, home decor, and luxury items. Last Call focuses on discounted fashion goods, combining Neiman Marcus and Bergdorf Goodman merchandise. Horchow specializes in home furnishings and accessories.

Key Features of Each of the Products

No information is available

Recent Developments

Recent Developments in the Company

1. 30th Anniversary of The Art of Fashion® Campaign: Celebrated through a campaign captured by Tyler Mitchell.
2. Saks Fifth Avenue Acquisition: HBC, parent company of Saks Fifth Avenue, entered an agreement to acquire Neiman Marcus Group for $2.65 billion, leading to the creation of Saks Global.

New Products Launched

1. LOEWE Exclusive Collection: Launched in celebration of Jonathan Anderson, the 2023 Neiman Marcus Award recipient. This included unique pieces from the LOEWE archives.

New Features Added to Existing Products

No information is available

New Partnerships

1. Ginori 1735 and Bergdorf Goodman: Announced the opening of Café Ginori at Bergdorf Goodman.
2. National Minority Supplier Development Council (NMSDC): To support diverse-owned brands with resources to scale their businesses.

This report captures the core aspects of Neiman Marcus Group based on available data, focusing on a company overview, product offerings, recent developments, and key partnerships.