| Market Capitalization (Millions $) |
214 |
| Shares
Outstanding (Millions) |
154 |
| Employees |
1,190,000 |
| Revenues (TTM) (Millions $) |
- |
| Net Income (TTM) (Millions $) |
81 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
10 |
Business Description
Neiman Marcus Group Ltd LLC is an American luxury department store company that is headquartered in Dallas, Texas. The company was founded in 1907 by Herbert Marcus, his sister Carrie Marcus Neiman, and her husband A. L. Neiman.
With a brand reputation built on high-end fashion, high-quality products, and excellent customer service, Neiman Marcus is one of the world's leading luxury retailers. It operates primarily through its two flagship stores: Neiman Marcus and Bergdorf Goodman. The company also operates Last Call, a discounted fashion outlet chain, and mytheresa.com, a luxury fashion website.
The company's core business centers around the sale of designer fashion apparel, footwear, handbags, jewelry, beauty, and home decor products. With a focus on luxury brands such as Chanel, Gucci, and Prada, the company offers exclusive items and limited collections to its customers.
Neiman Marcus has been known for its high-quality customer service and personal shopping services, which are offered to customers in-store and online. They also offer special events like fashion shows, trunk shows, and exclusive designer collaborations.
In recent years, the company has faced financial challenges due to changing consumer behavior and increased competition from online retailers. In 2020, during the COVID-19 pandemic, the company filed for bankruptcy and underwent a restructuring to reduce debt and expenses.
Overall, Neiman Marcus remains a prominent luxury department store and remains committed to providing high-quality products and exceptional customer service to its loyal customers.
Company Address: 481 rue Brassard Saint-Michel-des-Saints 0 NY
Company Phone Number: 757-8905 Stock Exchange / Ticker: NYSE NMG
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