October 23, 2016 3:55 AM ET

Internet and Direct Marketing Retail

Company Overview of The Neiman Marcus Group, LLC

Company Overview

The Neiman Marcus Group, LLC engages in the online sale of designer apparel, shoes, handbags, jewelry, and beauty products, as well as accessories for women. The company also sells apparel, luggage and travel products, shoes, belts, backpacks, bags and briefcases, watches and jewelry, accessories, and grooming products for men; and kids’ products, such as apparel for girls and boys, shoes, accessories, baby gear, and toys and gifts. In addition, it sells beddings, bath products and towels, dining and entertainment products, luggage and gadgets, décor, and crystal products. The Neiman Marcus Group, LLC serves customers in the United States and internationally. The company was founded in 1907 ...

1618 Main Street

One Marcus Square

Dallas, TX 75201

United States

Founded in 1907

16,700 Employees





Key Executives for The Neiman Marcus Group, LLC

Chief Executive Officer and President
Age: 59
Chief Financial Officer, Chief Operating Officer and Executive Vice President
Age: 54
President of Neiman Marcus Brand and Chief Merchandising Officer of Neiman Marcus Brand
Age: 52
President of Neiman Marcus Stores and Online
Age: 46
President of The Bergdorf Goodman Division
Age: 45
Compensation as of Fiscal Year 2016.

The Neiman Marcus Group, LLC Key Developments

Neiman Marcus Denies Reports It Is Looking For Buyer

The Neiman Marcus Group, LLC has denied it is on the lookout for a buyer or investor following reports the group's chief executive has held a number of meetings with potential acquirers.

Neiman Marcus Reportedly Looking For A Buyer

The Neiman Marcus Group, LLC is casting around for a buyer, or investor, The Post has learned. Struggling under a toxic combination of a staggering $5 billion debt load and flagging sales, Karen Katz, Chief Executive Officer of Neiman Marcus, traveled recently to China to meet with potential buyers, according to a source familiar with the situation. While in China, Katz met with executives of Anbang Insurance Group Co., Ltd., who have exhibited an eye for US companies. But Anbang passed on an offer to buy all of Neiman, according to the source. A spokeswoman for Neiman Marcus declined to comment. That is too lopsided a formula to attract a private-equity firm or retailer, said a source who considered buying Neiman Marcus in a 2013 auction. “There were not a lot of suitors looking last time,” said the source, adding “It’s going to be tough to get a sale they are happy with.”

Neiman Marcus Group, Inc. Announces Resignation of Vivek (Vic) Gundotra from Board of Directors

On July 28, 2015, Vivek (Vic) Gundotra notified Neiman Marcus Group Inc. (Parent), the sole member of Mariposa Intermediate Holdings LLC, which in turn is the sole member of Neiman Marcus Group LTD LLC, that he is resigning as a member of the Board of Directors of Parent, effective immediately.

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