US$7.546 billion
| Neiman Marcus Building, the flagship store and headquarters in Downtown Dallas (2011) | |
|---|---|
| Key people | Geoffroy van Raemdonck (CEO from February 12, 2018) |
| Revenue | US$4.9 billion (FY2018) |
| Net income | US$251.1 million (FY2018) |
| Total assets | US$7.546 billion (FY2018) |
What is the value of Neiman Marcus?
Neiman valued its business at more than $7 billion in 2018 before the MyTheresa transfer, according to documents unsealed Friday in U.S. Bankruptcy Court in Houston.
Is Neiman Marcus a high end store?
Neiman Marcus is a Dallas-based luxury retailer, providing customers access to exclusive and emerging brands, anticipatory service, and unique experiences since 1907.
How profitable is Neiman Marcus?
Key Financials (last fiscal year)
| $ millions | % change | |
|---|---|---|
| Revenues ($M) | $5,095 | 5.3% |
| Profits ($M) | $15 | – |
| Assets ($M) | $8,876 | – |
| Total Stockholder Equity ($M) | $1,414 | – |
Who is Neiman Marcus target market?
The Neiman Marcus Group retails high end and luxury apparel, shoes, accessories, jewelry, cosmetics, furnishings, antiques, rare books, and decorative home items. Its target market is consumers who are in the top 2% of the income bracket in the U.S. and equally wealthy people around the world.
Where is Neiman Marcus made?
Neiman Marcus Group, Inc., originally Neiman-Marcus, is an American chain of luxury department stores owned by the Neiman Marcus Group, headquartered in Dallas, Texas.
Neiman Marcus.
| Neiman Marcus Building, the flagship store and headquarters in Downtown Dallas (2011) | |
|---|---|
| Founded | September 10, 1907 |
Is Bergdorf Goodman the same as Neiman Marcus?
Bergdorf Goodman is a subsidiary of Neiman Marcus, which is owned by the private equity firm Ares Management. Neiman Marcus, which owns Bergdorf Goodman, has officially filed for Chapter 11 bankruptcy following the impact of the COVID-19 pandemic.
What makes Neiman Marcus special?
Neiman Marcus represents the finest and most unique merchandise the world has to offer. It evokes images of preeminent designers and elegant fashion, luxurious furnishings and incomparable gifts.
Is Nordstrom better than Neiman Marcus?
Neiman Marcus is the highest end, with the highest end brands and the high prices to go with them. Nordstrom is upscale and very nice but a notch below Neiman.
Is Bloomingdales or Neiman Marcus better?
Bloomingdale’s’s brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of Bloomingdale’s. Their current valuation is $4.65B. Neiman Marcus’s brand is ranked #567 in the list of Global Top 1000 Brands, as rated by customers of Neiman Marcus.
What is Bergdorf Goodman worth?
Bergdorf Goodman’s sales are $600 million annually.
These days, Bergdorf Goodman makes about $600 million annually—making it one of the most successful single stores in the US.
Does Bergdorf own Neiman Marcus?
Neiman Marcus Boston Wikipedia/John Stephen Dwyer Neiman Marcus is renowned as the ultimate luxury department store. But the brand, which recently filed to go public, also owns a store that’s even more elite — Bergdorf Goodman.
What kind of people shop at Neiman Marcus?
Age: The average Neiman Marcus shopper is 51 years old. But Neiman Marcus notes that “approximately 48% of our customers are 50 or younger.” Gender. 79% of shoppers are female.
Is Bloomingdales and Saks the same company?
Results were generated by 106 employees and customers of Bloomingdale’s and 83 employees and customers of Saks Fifth Avenue. Bloomingdale’s’s brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of Bloomingdale’s. Their current valuation is $4.65B.
Bloomingdale’s vs Saks Fifth Avenue.
| 21% | Promoters |
|---|---|
| 10% | Passive |
| 69% | Detractors |
Is Saks Fifth Avenue a luxury brand?
Department store chain Saks Fifth Avenue is Luxury Daily’s 2021 Luxury Retailer of the Year for its ambitious revamp of the luxury ecommerce experience, emphasizing service and personalization.
Does Macys own Saks?
Since 2013, Saks Fifth Avenue has been owned by the Hudson’s Bay Company (HBC), along with HBC’s namesake Canadian department stores.
Saks Fifth Avenue.
| Flagship store in Midtown Manhattan (2019) | |
|---|---|
| Key people | Marc Metrick (president, 2015) |
| Parent | Saks, Inc. (1998–2013) Hudson’s Bay Company (2013–present) |
What does Saks mean?
SAKS
| Acronym | Definition |
|---|---|
| SAKS | Sosyete Animasyon Kominikasyon Sosyal (Haitan Creole: Animation Society of Social Communication) |
| SAKS | Stichting Alkmaarse Katholieke Scholen (Dutch: Catholic Schools Foundation Alkmaar; Alkmaar, Netherlands) |
| SAKS | Southern African Killifish Society |