neiman marcus
Saks Fifth Avenue, Neiman Marcus to merge in $2.65B deal — Amazon to acquire stake
The deal will give Amazon unprecedented access to the luxury market -- a tricky segment where the company has tried and mostly failed to get a credible foothold for more...
Neiman Marcus rocked by accusations that CEO hires 'mostly gay or European men' and 'white and Asian women' for top posts
“Today, Geoffroy’s direct reports consist only of white and Asian women and gay men," the corporate insiders wrote in th blog post. "He favors men who are gay and/or European....
Neiman Marcus rejects Saks Fifth Avenue's latest $3B takeover bid: report
Saks Fifth Avenue's latest $3 billion bid to buy Neiman Marcus was rejected this week, people familiar with the proposed marriage of the two luxury retail archrivals revealed. Neiman is...
Wells Fargo to buy NYC Neiman Marcus space at Hudson Yards for $550M: report
The bank is planning to convert the 400,000 square feet of space at 20 Hudson Yards into offices, according to Bloomberg News.
Neiman Marcus in talks to merge with luxury archrival Saks Fifth Avenue: sources
“Neiman’s just had its worst fiscal year since its bankruptcy.”
Neiman Marcus weighs possible sale of Bergdorf Goodman, entire company: sources
“There is a civil-war going on between the ownership group,” a source with knowledge of the situation told The Post. “Neiman Marcus had a very bad year.”
Spending on luxury items cools but travel remains heated: Saks Fifth Avenue
“We are coming off of a few years of aberrational growth and I think we are in for a little bit of turbulence.”
Neiman Marcus staffers sound alarms over luxury chain firing 'greeters'
So-called "service ambassadors" -- who typically had greeted customers at store entrances and helped process returned merchandise -- were laid off chainwide on Feb. 16.
Neiman Marcus CEO blasted by employees over 'snobbish' pivot to wealthy clients
One rep said a customer who has spent $5,000 at Neiman Marcus over the past year mentioned van Raemdonck's interview over the weekend and “felt personally insulted.”
Neiman Marcus CEO to cut nearly 5% of workforce after reaping fat bonuses
A source predicted that Neiman will describe the layoffs as “the next step in our journey," but added that "this is really a result of poor financial planning and an...
Neiman Marcus weighs $5.2M to stay in Dallas as it eyes remote work
Dallas officials have approved $5.2 million in economic incentives to prevent Neiman Marcus from pulling up stakes in its hometown -- but the luxury chain isn't yet committing.
Neiman Marcus lands $200M investment from UK's Farfetch
UK luxury e-tailer Farfetch is investing $200 million in Neiman Marcus to drive the swanky department store's digital growth, the companies announced on Tuesday.
Neiman Marcus weighs plan to split itself into 3 separate businesses
Neiman Marcus is exploring a possible corporate rejiggering that would split the luxury chain into three different businesses, separating its website from its stores and spinning off Bergdorf Goodman, The...
Neiman Marcus in talks for new Dallas offices, sparking employee worries
Neiman Marcus is quietly in talks to acquire new corporate office space in Dallas -- and the negotiations are stoking anxiety about the swanky retailer's future. The struggling luxury chain...
Neiman Marcus loses CFO to struggling retailer Men's Wearhouse
Neiman Marcus just lost its financial chief to the owner of Men's Wearhouse -- a company that may be in even worse financial shape than the struggling luxury retailer.
Neiman Marcus says 4.6M customers may have had their data stolen
The company said it's working with cybersecurity firm Mandiant on the investigation and it has notified law enforcement authorities about the hack.
Neiman Marcus hires JPMorgan to explore Bergdorf Goodman sale
Department store chain Neiman Marcus has retained JPMorgan to help it explore its strategic alternatives, including a possible sale of its crown jewel, Bergdorf Goodman, The Post has learned.
Neiman Marcus weighs possible sale of Bergdorf Goodman
Bergdorf Goodman is exploring a potential sale -- and one possible outcome is that it moves to a surprising address nearby, The Post has learned. Neiman Marcus, which has owned...
Atlanta Hawks owner accused of 'hunting fouls' in finance
The Atlanta Hawks' growing reputation for cheap fouls comes as no surprise to people who've done business with the NBA team's billionaire owner, The Post has learned. Private equity chief...
Hedge fund founder sentenced to prison in Neiman Marcus fraud
The New York hedge fund founder who predicted he might "go to jail" for corrupting the sale of some assets during the bankruptcy of Neiman Marcus was sentenced on Friday...