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   Is Neiman Marcus positioned for the future?

   • Fresh out of bankruptcy virtually debt-free and with new owners, the Neiman Marcus Group Inc. is “really well positioned for the future,” maintains chief executive officer Geoffroy van Raemdonck. The ceo and his team are formulating a new strategic plan, setting sales and profit goals based on a company that’s streamlining.

   Post Bankruptcy, What’s Ahead for the Neiman Marcus Group?

   finance.yahoo.com/news/post-bankruptcy-ahead-neiman-marcus-050125178.html

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   Who owns Neiman Marcus Group?

   • NEW YORK-- ( BUSINESS WIRE )--HBC, parent company of Saks Fifth Avenue, has entered into a definitive agreement to acquire Neiman Marcus Group (“NMG”), parent company of Neiman Marcus and Bergdorf Goodman, for a total enterprise value of $2.65 billion.

   HBC, Parent of Saks Fifth Avenue, to Acquire Neiman Marcus Group for …

   www.businesswire.com/news/home/20240704775954/en/HBC-Parent-of-Saks-Fifth-Avenue-to-Acquire-Neiman-Marcus-Group-for-2.65-Billion-and-Establish-Saks-Global-a-Technology-Powered-Luxury-Retail-Company

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   Who owns Neiman Marcus & Bergdorf Goodman?

   • NEW YORK, July 04, 2024 -- (BUSINESS WIRE)--HBC, parent company of Saks Fifth Avenue, has entered into a definitive agreement to acquire Neiman Marcus Group ("NMG"), parent company of Neiman Marcus and Bergdorf Goodman, for a total enterprise value of $2.65 billion.

   HBC, Parent of Saks Fifth Avenue, to Acquire Neiman Marcus Group for …

   finance.yahoo.com/news/hbc-parent-saks-fifth-avenue-170000746.html

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   Why did Neiman Marcus announce a new business model?

   • Geoffroy van Raemdonck, Chief Executive Officer of Neiman Marcus Group, said, "This announcement is a testament to our team's unwavering commitment to building rewarding customer relationships, driven by our differentiated business model.

   HBC, Parent of Saks Fifth Avenue, to Acquire Neiman Marcus Group for …

   finance.yahoo.com/news/hbc-parent-saks-fifth-avenue-170000746.html

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   Does Neiman Marcus still exist?

   • Neiman Marcus was founded in Dallas 116 years ago and has been an increasingly vibrant part of the business and social scene ever since. Having it melded into its once lesser rival is a bitter pill to swallow for employees, clients, and the broader fashion and vendor community.

   The Saks/Neiman Marcus Deal: The Good, The Bad, And The ... - Forbes

   www.forbes.com/sites/stevendennis/2024/07/08/the-saksneiman-marcus-deal-the-good-the-bad-and-the-complicated/

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   What happened to Neiman Marcus?

   • Since 2013, when Ares and the Canada Pension Plan Investment Board bought Neiman Marcus Group for $6 billion, the retailer was burdened by a big debt load which cut into profitability and limited its ability to invest back into the business. The debt and the pandemic forced Neiman Marcus to file for bankruptcy in May.

   Post Bankruptcy, What’s Ahead for the Neiman Marcus Group

   wwd.com/business-news/retail/neiman-marcus-geoffroy-van-raemdonck-post-bankruptcy-1234668344/

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2. www.forbes.com › sites › stevendennisThe Saks/Neiman Marcus Deal: The Good, The Bad, And The ...

   www.forbes.com › sites › stevendennis

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   Jul 8, 2024 · Saks buying long-term rival Neiman Marcus may create a stronger combined entity but there are many vexing issues to be resolved if and when the deal receives FTC approal.

3. finance.yahoo.com › news › hbc-parent-saks-fifthHBC, Parent of Saks Fifth Avenue, to Acquire Neiman Marcus ...

   finance.yahoo.com › news › hbc-parent-saks-fifth

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   Jul 4, 2024 · NEW YORK, July 04, 2024 -- (BUSINESS WIRE)--HBC, parent company of Saks Fifth Avenue, has entered into a definitive agreement to acquire Neiman Marcus Group ("NMG"), parent company of Neiman...

4. www.neimanmarcusgroup.com › HBC,-Parent-of-SaksHBC, Parent of Saks Fifth Avenue, to Acquire Neiman Marcus ...

   www.neimanmarcusgroup.com › HBC,-Parent-of-Saks

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   NEW YORK--HBC, parent company of Saks Fifth Avenue, has entered into a definitive agreement to acquire Neiman Marcus Group (“NMG”), parent company of Neiman Marcus and Bergdorf Goodman, for a total enterprise value of $2.65 billion.

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6. www.businesswire.com › news › homeHBC, Parent of Saks Fifth Avenue, to Acquire Neiman Marcus ...

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   Jul 4, 2024 · NEW YORK-- ( BUSINESS WIRE )--HBC, parent company of Saks Fifth Avenue, has entered into a definitive agreement to acquire Neiman Marcus Group (“NMG”), parent company of Neiman Marcus and...

7. www.nytimes.com › 2024/07/03 › businessSaks Acquires Neiman Marcus - The New York Times

   www.nytimes.com › 2024/07/03 › business

   Jul 3, 2024 · July 3, 2024. In a move that would further consolidate the luxury retail market, the parent company of Saks Fifth Avenue has agreed to acquire Neiman Marcus in a $2.65 billion deal, creating the...

8. finance.yahoo.com › news › post-bankruptcy-aheadPost Bankruptcy, What’s Ahead for the Neiman Marcus Group?

   finance.yahoo.com › news › post-bankruptcy-ahead

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   Dec 11, 2020 · Fresh out of bankruptcy virtually debt-free and with new owners, the Neiman Marcus Group Inc. is “really well positioned for the future,” maintains chief executive officer Geoffroy van...

9. wwd.com › business-news › retailPost Bankruptcy, What's Ahead for the Neiman Marcus Group - WWD

   wwd.com › business-news › retail

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   Dec 11, 2020 · Fresh out of bankruptcy virtually debt-free and with new owners, the Neiman Marcus Group Inc. is “really well positioned for the future,” maintains chief executive officer Geoffroy van...