Neiman Marcus
Neiman Marcus was founded in Dallas in 1907 is an American luxury department store chain, which is since 2005 owned by private equity companies TPG Capital and Warburg Pincus. The Company, through subsidiaries in the U.S. and its own online shop mainly upscale clothing for men, women and children as well as shoes, accessories, jewelry, cosmetics and home furnishings in the upper price segment.
Company History
The department store chain was founded in 1907 by Herbert Marcus Sr. ( 1878-1950 ) and his sister Carrie Marcus Neiman ( 1883-1953 ) and her husband, Abraham Lincoln Neiman ( 1875-1970 ) founded a business in Dallas. Neiman Marcus offered at the time of exclusive women's fashion, the goal was to offer the widest possible choice. 1914, the imposing Neiman Marcus Building was opened in Dallas, which serves to this day as a flagship store. In 1926 Herbert's son, Stanley Marcus ( 1905-2002 ), the department store. He established the first regular fashion show, which took place weekly. 1928 could be Carrie Marcus by A. L. Divorce Neiman and Herbert Marcus paid the brother in law, so the company was entirely in the hands of the Marcus family. From 1929 Neiman Marcus also took menswear to the program. Ten years later appeared the first Christmas Book. From 1951 gift items were offered. A second store was opened in Dallas in the early 1950s, the first foreign branch followed in 1957 in Houston.
1938 Neiman Marcus Award was launched ( officially: The Neiman Marcus Award for Distinguished Service in the Field of Fashion ), which was mostly awarded to the last award in 1995, first year, and from 1973 at irregular intervals to several years winner. This sometimes referred to as the "Oscars of fashion " price was not limited to American designer and was on prominent personalities in the field of fashion industry - including Christian Dior (1947 ), Gloria Swanson (1950 ) Grace of Monaco (1955 ) Coco Chanel (1957 ), Estee Lauder (1962 ), Valentino Garavani (1967 ), Karl Lagerfeld (1980) and Miuccia Prada (1995 ) - awarded.
The family business was sold to the Broadway Stores ( Carter Hawley Hale Stores ) 1969. Stanley Marcus then took over a board post with the new owner and retired in 1975 from the company. His son Richard Marcus ( born 1938 ) led Neiman Marcus due to 1988 as CEO. The first Neiman Marcus store outside of Texas was opened in Florida in 1971. In the following years followed shops in Atlanta, Beverly Hills, Chicago, San Francisco, Las Vegas and others. About the company since 1972 and the two Bergdorf Goodman stores are in Manhattan. In 1987, the Neiman Marcus Group was founded. With Allen Questrom took over in 1988 for the first time a non- family member to lead the company. 2005 listed Neiman Marcus Group was acquired for $ 5.1 billion from TPG Capital and Warburg Pincus and then set the Listing. 2006, the Group for a younger, female target group opened four fashion business under the name CUSP by Neiman Marcus ( engl. tip apex ), of which there were to the state in 2011, partly within Neiman Marcus stores, nine in the United States. A new IPO of Neiman Marcus stands since the late 2000s in the room, but was not yet realized.
Neiman Marcus was known for decades for it to accept within its own stores for credit card payments in addition to the in-house credit card exclusively American Express. This practice has been relaxed until the end of 2011.
From 2001 to 2010 Burton ' Burt ' Tansky was (* 1937) CEO of the Neiman Marcus Group. Under Tansky, sales of Neiman Marcus doubled compared to the 1990s. In 2008, revenues amounted to $ 4.6 billion. Tanksy had passed already since 1989 Bergdorf Goodman and Neiman Marcus had been CEO since 1998. Since 2010, Karen W. Katz, since 1985 working for the company, CEO of Neiman Marcus Group and successor of Tansky.
The state 2011, the company had 43 stores in the U.S. and under the name Neiman Marcus Last Call (fashion ) and Horchow Finale ( indoor facility ) 32 outlets, mostly. In factory outlet centers, with reduced price goods The online store opened in 1999 and is - such as the website of fashion designer Michael Kors - operated by a subsidiary called Neiman Marcus Direct.
In September 2013, the department store chain by the Canadian pension fund Canada Pension Plan Investment Board ( CPPIB ) and the U.S. Investment Company Ares Management was acquired for around 6 billion U.S. dollars. The change of ownership is to be completed by the end of 2013.
Neiman Marcus Christmas Book
In the focus of the general public Neiman Marcus arrives every year just before Christmas through the Christmas Book, are offered in the unusual Christmas gifts since 1939. From this catalog you could order, for example, 2004:
- Zeppelin ( 7.6 million euros )
- Necklace of pink sapphires and diamonds ( 1.9 million euros )
- Two-person underwater jet ( 1.3 million euros )
1978 you could order from the Neiman Marcus Christmas catalog a version of the popular board game Monopoly entirely of chocolate for $ 600.