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Neiman Marcus Group Inc. , originally Neiman-Marcus , is an American department store owned by Neiman Marcus Group, headquartered in Dallas, Texas. The company also has Bergdorf Goodman department stores and operates the direct marketing division, Neiman Marcus Direct, which operates catalogs and online operations under the names Horchow, Neiman Marcus, and Bergdorf Goodman. Neiman Marcus is currently owned by Canada-based Toronto Investment Planning Agency and Los Angeles-based Management Ares.


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Histori

Pendirian dan riwayat awal

Herbert Marcus, Sr., a former buyer with department store Sanger Brothers Dallas, has left his previous job to find a new business with his sister Carrie Marcus Neiman and her husband, AL Neiman, then a competitor of Sanger Brothers A. Harris and Co. In 1907, find themselves with $ 25,000 from successful sales promotion companies they build in Atlanta, Georgia, and two potential investments to invest funds. Rather than taking a chance on the unknown "soda pop" business, the three businessmen rejected the new Coca-Cola company and chose to return to Dallas to set up a retail business. For this reason, the company's initial CEO Peb Atera quoted in 1957 said in a joke that Neiman Marcus "was founded on poor business judgment". The store, founded on September 10, 1907, is luxuriously decorated and filled with quality clothing unusual in Texas. Within a few weeks, the initial inventory of the store, mostly obtained from a purchase trip to New York made by Carrie, was completely sold out. Oil-rich Texas, welcomed the opportunity to show off their wealth in more sophisticated ways than ever before, flocking to new stores. Apart from Panic of 1907 just a few weeks after the opening, Neiman Marcus was a success, and the first few years of the operation were profitable.

In 1914 a fire destroyed Neiman Marcus's shop and all its merchandise. The shop is temporarily erected and opened in 17 days. In late 1914, Neiman Marcus opened in a new and permanent location on the corner of Main Street and Ervay Street. With the opening of Neiman Marcus Building, the store enhances its product selection including accessories, underwear, and children's clothing, as well as expanding the women's clothing department. In its first year in the new building, Neiman Marcus posted a profit of $ 40,000 on sales of $ 700,000, almost double the amount achieved in the last year at its original location.

In 1927 the store expanded and Neiman Marcus aired the first weekly retail fashion show in the United States. The store held a show titled "One Hundred Years of Texas Mode" in 1936 to honor the centenary of Mexican independence from Mexico. A profile then the store, "Neiman Marcus of Texas", described the "grand and complicated" gala, noting, "It was on this occasion that one of the most important among store guests, Mrs. Edna Woolman Chase, editor of Vogue , reveals the starry store customer sentiment, told local press:

I dream of my whole life from the perfect store for women. Then I saw Neiman Marcus, and my dream came true.

In 1929, the store began offering men's clothing. During the 1930s and 1940s Neiman Marcus began to incorporate cheaper clothing lines along with his high-end items, in response to the Great Depression and following the war years. Between 1942 and 1944, sales at Neiman Marcus grew from $ 6 million to $ 11 million. Despite a major fire in 1946, the store remained profitable.

Herbert Marcus, Sr. died in 1950, and Carrie Neiman died two years later, leaving Stanley Marcus in charge of the company's operations.

1950s-90s

The 1950s saw the addition of a $ 1.6 million storefront at 8300 Preston Road (at Preston Center; location currently occupied by Tootsies store). It is 63,000 square feet (5,900 m 2 ), "inspired by the art and culture of Southwest Indians" and "color... copied from Indian woven paintings, pottery, and sand". The themed decorations include Kachina characters on colored glass murals and cell phones Alexander Calder named "Mariposa," the Spanish word for butterflies. Art is also used as an inspiration for Stanley Marcus seasonal campaign to collect new colors in fabrics, as he did years when he borrowed 20 paintings of Paul Gauguin - many of which have never been publicly exhibited - from collectors around the world and have bright colors which translates into dyes for wool, silk, and leather. The field teachers cited the Gauguin exhibit as spurring a dramatic increase in art studies.

In the 1950s and 1960s Gittings operated a portrait studio at Neiman Marcus. Clients include Hope Portocarrero, Lyndon Johnson, Howard Hughes, and Shah Iran, Mohammad Reza Pahlavi and his family. The Christmas book of the 1960s featured portraits of Wyatt Cooper, his wife Gloria Vanderbilt, and the children of Carter and Anderson Cooper.

The company continued its fancy marketing efforts (including the launch of His gift and His gift in the famous Christmas Book) with the inauguration of Fortnight in 1957. The Fortnight is an annual presentation of fashion and culture from a particular country, held in late October and early November each year, and is one of the most anticipated events in Dallas. It brings fashion, officials, celebrities, exotic food and luxurious celebrations to the city center for 29 years.

Neiman Marcus opened his first store outside the Dallas/Fort Worth Metroplex in downtown Houston in 1957. The freestanding store was later replaced with a new anchor store located at the Houston Galleria in 1970. In 1965, Preston Center stores were closed and new stores, more of twice as big, opened at NorthPark Center. Another branch in Fort Worth was also opened. In 1967, four Neiman Marcus stores operated generating $ 58.5 million in annual sales, and the company's earnings for the year were over $ 2 million. In 1968 the company merged with Broadway-Hale Stores, Inc., which allowed Neiman Marcus to expand at a much faster pace than was possible as an independent entity. In 1971, the first Neiman Marcus outside Texas opened in Bal Harbor, Florida. In subsequent years, stores opened in more than 30 cities across the United States, including Atlanta, Beverly Hills, Boston, Chicago, Las Vegas, Minneapolis, San Francisco, and St. Louis. Neiman Marcus also had a letter of desire to open a 120,000 square foot store in downtown Cleveland in 1992 as part of a rival for the upscale Tower City Center. However, the project did not work, but opened its concept store in the 1990s. In 1988 the company name was officially changed from Neiman-Marcus to Neiman Marcus and the logo is currently adopted.

2000s-present

Stanley Marcus died on January 22, 2002. He served as president and chairman of the board for the company. Marcus has been the architect behind the fashion show, New York commercials for rigorous regional chains, in-store art exhibitions and Christmas catalogs with strange His-and-Hers gifts, including vicuÃÆ' Â ± a coats, a pair of airplanes, "Ark Noah "(including pairs of animals), camels, and live tigers.

For the past 20 years, ownership of Neiman Marcus has passed through several hands. In June 1987, the company was spun off its mother, Carter Hawley Hale Stores, and became a public company. General Cinema, who later became Harcourt General, still had about 60% of controlling shares until 1999, when Neiman Marcus was completely separated from his parent company. On May 2, 2005, Neiman Marcus Group was the subject of leveraged buyout (LBO), selling itself to two private equity firms, Texas Pacific Group and Warburg Pincus.

"Neiman-Marcus Collection," which consists of early account books, Christmas Catalog ads and layouts, charity events files, awards and previous presentations, and a collection of personal memorabilia Stanley Marcus, among many other items, is located in Texas & ; History of Dallas & amp; Archives Division, 7th Floor, Main Library, Dallas Public Library, where can be consulted by researchers.

In August 2013, Women's Wear Daily reported that Neiman Marcus Group is preparing its initial public offering. In October 2013, Neiman Marcus Group sold for $ 6 billion to Ares Management and the Canada Pension Plan Investment Board. In August 2015, the company re-announced that they are preparing for an initial public offering.

Neiman Marcus made headlines in November 2013 after the company discovered a 25-carat rough diamond off the coast of Namibia, which was rewarded with a reserve price tag of $ 1.85 million. The diamond is referred to as "Nam Diamond".

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Company affairs

Unlike many of his contemporaries, Neiman Marcus still operates today with his real name and is still headquartered in the city where it started. The Neiman Marcus Group is comprised of a Special Retail Store division - which includes Neiman Marcus Stores and Bergdorf Goodman - Cusp (contemporary boutique format) and Direct Marketing division, Neiman Marcus Direct. This retailer offers a wide range of clothing, accessories, jewelry, beauty, and home decorative products. The company operates 42 Neiman Marcus stores across the United States and two Bergdorf Goodman stores, in Manhattan. Neiman Marcus's largest market is the South Florida MSA, where they operate five stores. The company also operates 30 Guard Centers Last Call and two Furniture Outlet Horchow Finale. This store operation totals over five million square feet (500,000 mÃ, ²) gross.

Neiman Marcus Direct cataloged print and online operations under the names Neiman Marcus, Horchow and Bergdorf Goodman. Under the Neiman Marcus brand, Neiman Marcus Direct mainly offers women's clothing, accessories and home furnishings. Horchow offers luxurious home furnishings, linens, decorative accessories, and desk items. They have also launched a new blog that outlines the latest news in the fashion world and beyond.

Neiman Marcus Group owns a majority stake in Kate Spade LLC, a manufacturer of bags and accessories. In October 2006, the company purchased all minority rights for approximately $ 59.4 million, and in November 2006 sold 100% ownership to Liz Claiborne, Inc. about $ 121.5 million. Another new divestment is majority ownership in Gurwitch Products LLC, which produces Laura Mercier cosmetics, to Alticor Inc., for about $ 40.8 million.

In 2014 Neiman Marcus acquired the fancy fashion e-commerce platform of Germany mytheresa.com and Theresa's flagship store in Munich. Shop luxury fashion online boats worldwide and offer designer clothing, shoes, bags and accessories for women.

File:Neiman Marcus Flagship Interior.jpg - Wikimedia Commons
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Christmas Book

The "His and His" Prizes "and" Fantasy "

Since 1939, Neiman Marcus has published an annual Christmas catalog, which gets a lot of free publicity from the national media for an unusual and luxurious gift tradition that is not sold in his shop. Some have included items themed "his and hers", travel and cars (see below).

In 1952, Stanley Marcus introduced a new tradition of having extraordinary and unusual gifts in Christmas catalogs every year, Christmas Book ; the idea was triggered when reporter Edward R. Murrow contacted Marcus to ask if the store would offer anything unusual that might interest the radio listener; Marcus found out where it was offering a Black Angus bull life accompanied by a silver barbecue wagon, then changed the catalog to include his new idea, for $ 1,925. At one point, Neiman Marcus Christmas catalog brought the distinction of being the most stolen item of the recipient's mailbox, prompting a Chicago postmaster to suggest the company turn to attaching a catalog on a plain brown wrap.

Neiman's fantasy gifts on the Christmas Book included $ 20 million, a mummified mummy, a seat from Ebbets Field, and a $ 1.5 million Cobalt Valkyrie-X plane; the most expensive item is the Boeing Business Jet for more than $ 35 million.

Other Christmas gifts

In 1961, Neiman-Marcus in Dallas was one of two stores in the country - the other was Wanamaker in Philadelphia - to offer computer-based assistance in choosing Christmas presents. This process works by comparing information on recipients with a computerized list of the 2,200 items available at Neiman-Marcus, then gives a printout of 10 best suggestions. One person who tests the computer fills out the questionnaire as if he were President John F. Kennedy shopping for a gift of over $ 1,000 for his wife; computer suggests cruises.

During the Apollo 8 mission in December 1968, Marilyn Lovell, wife of astronaut Jim Lovell, who was a Pilot Module Command, accepted, as a Christmas present, a fur coat delivered to him by driver Neiman Marcus in a Rolls-Royce car. The coat was wrapped in a royal blue wrapping paper with two Styrofoam balls - one for Earth and the other for the Moon - and had a card that read, "To Marilyn, from Man in the Moon."

In 2012, Neiman Marcus partnered with Target Corporation to create a holiday collection featuring 24 designers from the Council of Fashion Designers of America (CFDA). This 50-part collection features clothes, accessories and even some presents for dogs.

Struggling Neiman Marcus Group considers putting itself up for sale
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Controversy

In 2013, Neiman Marcus repaid a federal claim for falsely claiming that some of their products contained false feathers when a test by the Humane Society of the United States showed that it was actually a genuine fur from a raccoon dog. Neiman Marcus does not plead guilty, but promises to abide by federal feather labeling law (Fur Law) for the next twenty years.

How Neiman Marcus Is Blurring Digital And Physical Store Lines |
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References


Teenagers outside the Neiman Marcus store, Fashion Show Mall, Las ...
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External links

  • Neiman Marcus
  • Neiman Marcus Group
  • Last Call by Neiman Marcus
  • Museum Department Store: Neiman Marcus

Source of the article : Wikipedia

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