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The Domain is a high-density office, retail, and residential center in northwest Austin, Texas , United States that has been described as being "Austin's second downtown." It primarily consists of 5-over-1 construction. The initial phase of the project was completed in March 2007.

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63-462: The Domain may refer to: The Domain (Austin, Texas) , a shopping mall The Domain (film) , a 2019 Portuguese film The Domain, Sydney , a park See also [ edit ] Domain (disambiguation) Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title The Domain . If an internal link led you here, you may wish to change

126-528: A Chicago postmaster to suggest the company switch to enclosing the catalogs in plain brown wrappers. Neiman's fantasy gifts in the Christmas Book have included a $ 20 million submarine , mummy cases that contained an actual mummy, seats from Ebbets Field , and a $ 1.5 million Cobalt Valkyrie-X plane; the most expensive item was a Boeing Business Jet for over $ 35 million. In 1961, Neiman-Marcus in Dallas

189-430: A Microsoft store. The shopping center notably is also one of the short list of locations containing outlets for two new store concepts — Abercrombie & Fitch Co. 's RUEHL 925 , targeting affluent young professionals, and American Eagle Outfitters ' adventure-oriented Martin + Osa . Both of those stores had closed as of late 2010, and have become locations for Anthropologie (in the former Ruehl location), and Lids (in

252-736: A 9-story store, The Fashion, in Downtown Houston . Wolfman stayed on to run the store, which became branch of Neiman Marcus, the first store outside the Dallas/Fort Worth Metroplex . The freestanding store was later replaced with a new anchor store located in the Houston Galleria in 1970. In 1965 the Preston Center store was closed and a new store, more than twice as big, was opened at NorthPark Center. Another branch in Fort Worth

315-544: A campus for the dot-com industry but those plans fell through when the dot-com bubble burst. In 2003, the Simon Property Group and the Endeavor Real Estate Group entered into a collaborative partnership to develop Phase I of The Domain's retail area. 2004 saw the demolition of Century Oaks Park, a multi-purpose recreational facility for IBM employees and their families, and the start of construction on

378-571: A collection of Stanley Marcus's personal memorabilia, among many other items, is located in the Texas & Dallas History & Archives Division, 7th Floor, Main Library, Dallas Public Library, where it may be consulted by researchers. In August 2013, Women's Wear Daily reported Neiman Marcus Group was preparing for an initial public offering of its stock. In October 2013, the Neiman Marcus Group

441-890: A federal claim for falsely claiming that some of their products contained fake fur when tests by the Humane Society of the United States showed it was actually real fur from raccoon dogs . Neiman Marcus did not admit guilt, but promised to adhere to federal fur labeling laws (the Fur Act ) for the next twenty years. In 2014 Neiman Marcus acquired German luxury fashion e-commerce platform mytheresa.com and its flagship store Theresa from its founders Christoph and Susanne Botschen and venture capital firm Acton Capital Partners . The luxury fashion online store ships worldwide and offers designer clothing, shoes, bags and accessories for women. In 2019, Neiman Marcus creditor, Marble Ridge Capital, had

504-520: A few weeks, the store's initial inventory, mostly acquired on a buying trip to New York made by Carrie, was completely sold out. Oil-rich Texans, welcoming the opportunity to flaunt their wealth in more sophisticated fashion than was previously possible, flocked to the new store. In spite of the Panic of 1907 set off only a few weeks after its opening, Neiman Marcus was instantly successful, and its first several years of operation were quite profitable. In 1914,

567-515: A fire destroyed the Neiman Marcus store and all of its merchandise. A temporary store was opened for 17 days. By the end of 1914, Neiman Marcus opened its new, permanent location at the corner of Main Street and Ervay Street. With the opening of the flagship Neiman Marcus Building , the store increased its product selection to include accessories, lingerie , and children's clothing, as well as expanding

630-557: A hotel. The retail portion of the project has attracted many retailers and restaurants new to the Austin market. An 80,000 sq ft (7,400 m ). Neiman Marcus and a Macy's anchor (with Macy's fulfilling an earlier commitment by Foley's ), along with 70 specialty stores, including an Apple Store , a Barneys New York CO-OP store, Burberry , Victoria's Secret , Tiffany & Co. , BCBG Max Azria , Calypso Christiane Celle, Anne Fontaine, Lacoste , Lilly Pulitzer, Betty Sport, and

693-463: A lawsuit against Neiman Marcus dismissed after the claim of inappropriate transfer of the company's MyTheresa assets was dismissed by a Texas judge due to lack of subject-matter jurisdiction . In March 2020, Neiman Marcus Group launched an app called NM Connect, which allows salespeople to communicate directly with customers via texts, email, phone and video calls. In June 2021, Neiman Marcus Group acquired Stylyze, an e-commerce platform, to expand

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756-556: A letter of intent for Phase III. Whole Foods opened a 55,000 square feet (5,100 m ) square foot location in The Domain in January 2014. Simon Property Group opened up a "great lawn venue" in Phase 2 that hosts live bands from 6 to 9pm on weekends, and food trucks. The Domain's third phase consists of 1.4 million square feet of retail, residential and hotel space. Included in this space

819-478: A major fire in 1946, the store continued to profit. Herbert Marcus Sr. died in 1950, and Carrie Neiman died two years later, leaving Stanley Marcus in charge of the company's operations. The 1950s saw the addition of a $ 1.6 million store at 8300 Preston Road in the Preston Center ; the location been occupied by a Tootsies store since the 1990s. It was a 63,000-square-foot (5,900 m ) store "inspired by

882-468: A new business with his sister Carrie Marcus Neiman and her husband, Abraham Lincoln Neiman , then employees of Sanger Brothers competitor A. Harris and Co. In 1907, the trio had US$ 25,000 (equivalent to $ 817,500 in 2023) from the successful sales-promotion firm they had built in Atlanta, Georgia , and two potential investments of funds. Rather than take a chance on an unknown "sugary soda pop business,"

945-458: A roughly 60% controlling interest until 1999, when Neiman Marcus was fully spun off from its parent company . On May 2, 2005, Neiman Marcus Group was the subject of a leveraged buyout (LBO), selling itself to two private equity firms, Texas Pacific Group and Warburg Pincus . The "Neiman-Marcus Collection," comprising early account books, advertising and Christmas Catalog layouts, files on charity activities, past awards and presentations, and

1008-410: A theater - Gold Class Cinema - and other entertainment options. Simon Property Group announced that a 200,000 sq ft (19,000 m ), three-story Dillard's would open during spring 2009 in the primary portion of the project. Nordstrom signed a letter of intent for a two-story, 149,000-square-foot (13,800 m ) store to open in The Domain's phase III. Saks Fifth Avenue also signed

1071-451: Is Endeavor's final retail phase in The Domain, including Domain NORTHSIDE and Rock Rose, a district mostly populated by local businesses. Some specific tenants include CB2, AT&T, Nordstrom, Apple, Restoration -Hardware, Archer Hotel Austin, Salvation Pizza, The Dogwood, Sainte Genevieve, Viva Day Spa, East Side King, Lavaca Street Bar, Kung Fu Saloon and Birds Barbershop. Phase 3 will bring

1134-561: Is an American department store chain founded in 1907 in Dallas , Texas by Herbert Marcus , his sister Carrie Marcus Neiman , and her husband Abraham Lincoln Neiman . It has been owned by the Neiman Marcus Group since 1987, and is a sister brand to luxury department store Bergdorf Goodman through this ownership. Herbert Marcus Sr., a former buyer with Dallas' Sanger Brothers department store, had left his previous job to found

1197-454: Is bordered on the west by Union Pacific Railroad , on the west and north by Loop 1 , on the south by Braker Lane, and on the east by Burnet Road. As of April 2022 The Domain has more than 5,000 apartment units and about 3.5 million square feet of office space On December 10, 1966, IBM unveiled its intentions to build a 200,000 sqft manufacturing plant for the IBM Selectric typewriter on

1260-495: The Omnibus strand. Entitled Dallas – The Big Store and directed by Jana Boková , it aired on 24 February 1981. In 1983 Frederick Wiseman made a documentary called 'The Store' about the flagship store of Neiman Marcus. Dating back as early as the 1930s, rumors started to circulate about a woman and her daughter who were out to lunch at Neiman Marcus and for dessert shared a chocolate chip cookie that they loved so much they asked

1323-530: The IBM PS/2 . In December 1999, IBM sold off 235 acres of land that would eventually become The Domain for US$ 60 million and leased back more than half of the 2.5 million sqft office space that the property by then had. An additional 70 acres came from Multech (whose land had been purchased from IBM in 1997). Buying the land was Endeavor Real Estate Group with the financial assistance from Blackstone Group and JER Partners. The initial plan had been to create

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1386-405: The centennial of Texas's independence from Mexico . A later profile of the store, "Neiman Marcus of Texas", described the "grandiose and elaborate" gala, noting: "It was on this occasion that one of the most critical among the store's guests, Mrs. Edna Woolman Chase, editor of Vogue , expressing the sentiment of the store's starry-eyed clientele, told the local press: I dreamed all my life of

1449-421: The 1990s. In 1987 Bergdorf Goodman was acquired by the Neiman Marcus Group. In the 1980s, the hyphenated spelling of the company name ("Neiman-Marcus") was abandoned. Stanley Marcus died on January 22, 2002. He had served as president and chairman of the board for the company. Marcus had been the architect behind the fashion shows, New York advertising for a strictly regional chain, in-store art exhibits, and

1512-522: The Christmas catalog with its outlandish His-and-Hers gifts, including vicuña wool coats, a pair of airplanes, " Noah's Ark " (including pairs of animals), camels, and live tigers. Over the last 20 years, ownership of Neiman Marcus has passed through several hands. In June 1987, the company was spun off from its retail parent, Carter Hawley Hale Stores , and became a publicly listed company. General Cinema , later to become Harcourt General , still had

1575-583: The Domain 1 and Domain 5 office buildings. Endeavor continued to own Domain NORTHSIDE until mid 2019 when it sold Domain NORTHSIDE to Northwood Retail, whilst Simon had acquired phases 1 and 2 in 2008. In 2018 Northwood Retail partnered with Invesco to assist with management of The Domain. In 2011, Stonelake Capital Partners purchased 33 acres in the southeast corner of The Domain that would eventually become The Domain South End. This section of The Domain contains

1638-547: The Moon — and had a card that read, "To Marilyn, from the 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). The 50-piece collection featured apparel, accessories and even some gifts for dogs. The department store was the subject of a BBC One documentary in

1701-642: The Specialty Retail stores division including Neiman Marcus Stores and Bergdorf Goodman. These retailers offer luxury apparel, accessories, jewelry, beauty and decorative home products. As of mid-2022 the company operates 36 Neiman Marcus stores in the United States and two Bergdorf Goodman stores in Manhattan . Neiman Marcus' largest market is the South Florida MSA , where they operate five stores. The company also operates five "Last Call" clearance centers and

1764-401: The United States, including Atlanta , Charlotte , Beverly Hills , Boston , Chicago , Las Vegas , Minneapolis , San Francisco and St. Louis . Neiman Marcus also had a letter of intent to open a 120,000 square foot store in downtown Cleveland in 1992 as part of an anchor for the upscale Tower City Center . However, the project did not come to fruition, instead opening its concept store in

1827-571: The art and culture of Southwestern Indians" and "colors ... copied from Indian weaving, pottery, and sand paintings". The themed decor included Kachina figures on colored-glass murals and an Alexander Calder mobile named "Mariposa," the Spanish word for butterfly. Art likewise was used as inspiration for Stanley Marcus' seasonal campaigns to solicit new colors in fabrics, as he did the year that he borrowed 20 Paul Gauguin paintings — many of which had never been publicly exhibited — from collectors around

1890-587: The average age falling by seven years from pre-pandemic levels, from the mid-40s to the high-30s. In July 2024, Neiman Marcus announced plans to merge with Saks Fifth Avenue in a reported $ 2.65 billion merger. According to the AIA Dallas, " Eero Saarinen committed to designing the store but died unexpectedly in 1961. Saarinen’s partners Kevin Roche and John Dinkeloo , designed it together with E.G. Hamilton of Harrell & Hamilton (now Omniplan ), who also designed

1953-555: The cases under Case No. 20-32519. According to the company's CEO, Geoffroy van Raemdonck, the filing was a direct result of the COVID-19 pandemic in the United States. The company's website, mytheresa.com, was not part of the bankruptcy. At the end of September 2020, Neiman Marcus exited Chapter 11 bankruptcy, and as of 2022 is owned by a consortium of investment firms ( Davidson Kempner Capital Management , Sixth Street Partners and Pacific Investment Management ). In July 2021, mytheresa

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2016-634: The city from giving tax incentives to retail projects, appeared on the ballot for the November 2008 election as Proposition 2, but was ultimately narrowly defeated at 48%. In the run-up to the election, in September 2008, a political action committee named Keep Austin's Word was started by Betty Dunkerley, a former member of the Austin City Council. The group, named to resemble the slogan " Keep Austin Weird ",

2079-507: The city's sales tax for the first five years and 50 percent for the next 15 years. Plus, 25 percent of the property tax is rebated back to the developer for the entire 20-year period. The city of Austin expects to take in about $ 40 million in sales and property taxes over the 20 years of the incentive agreement. The first phase of the project, The Domain, opened on March 9, 2007, and includes 700,000 square feet (65,000 m ) of restaurants, office space, upscale retail stores, apartments, and

2142-438: The company's e-commerce capabilities. Users connect to Neiman Marcus Group using the proprietary app Connect. In April 2022, Farfetch Limited agreed to a $ 200 million minority investment in the Neiman Marcus Group, aiming to stimulate growth through the stores' use of Farfetch's "Platform Solutions" e-commerce marketplace. Since 1939, Neiman Marcus has issued an annual Christmas catalog, which gets much free publicity from

2205-617: The computer suggested a yacht . During the Apollo 8 mission in December 1968, Marilyn Lovell, wife of astronaut Jim Lovell , who was the Command Module Pilot, received, as a Christmas present, a mink coat that was delivered to her by a Neiman Marcus driver in a Rolls-Royce car . The coat was wrapped in royal blue wrapping paper with two Styrofoam balls — one for the Earth and the other for

2268-712: The former Martin + Osa location). Restaurants include McCormick & Schmick's , Fleming's , Daily Grill, Jasper's, Kona Grill, The Steeping Room, and California Pizza Kitchen . After the Simon Property Group acquired the 45 acres (18 ha) property that would become The Domain II (Domain Crossing) they bought Endeavor's portion of The Domain I. This second phase, located directly south of The Domain, opened in 2016. Domain Crossing added an additional 350,000 square feet (33,000 m ) of retail stores, restaurants, and apartments, as well as

2331-504: The initial 57 acres (23 ha) Domain: Phase I. Additional land for The Domain was reclaimed from vacant IBM manufacturing and administrative buildings, as well as driveways and parking lots that were once part of the original IBM campus. The developers were granted tax subsidies in 2003 from the City of Austin and Travis County . Total developer compensation is a maximum of a net present value of $ 25 million. The developer keeps 80 percent of

2394-401: The land that currently houses The Domain. The plant opened on July 31, 1967 with 500 employees. In July 1989, after three decades of expansion in Austin, IBM announced its intentions to build 1 million sqft of office space east of Burnet Rd on the property now known as Broadmoor . By this time IBM occupied 543 acres and had more than 7,000 employees in Austin, the majority of which worked on

2457-497: The launch of His and Her gifts in the famous Christmas Book) with the inauguration of Fortnight in 1957. The Fortnight was an annual presentation of fashions and culture from a particular country, held in late October and early November of each year, and was one of the most anticipated events in Dallas. It brought fashion, dignitaries, celebrities, exotic food and extravagant celebrations to the downtown store for 29 years. In 1955, Neiman Marcus acquired Ben Wolfman, Inc. which operated

2520-513: The lines. The ICRC remains the only one as of 2021 in Texas. As part of their Chapter 11 proceedings, Borders Group closed their bookstore at The Domain in April 2011. Martin+Osa, Ruehl No. 925, Oakville Grocery, Sony Style, Orange Cup and Bettysport all operated locations at the Domain at one time. 30°24′04″N 97°43′35″W  /  30.401233°N 97.72626°W  / 30.401233; -97.72626 Neiman Marcus Neiman Marcus

2583-515: The link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=The_Domain&oldid=1047877738 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages The Domain (Austin, Texas) It is owned and operated by Endeavor Real Estate Group, Cousins Properties , Simon Property Group , and Stonelake Capital Partners. It

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2646-581: The lone holdover in The Domain from the properties days as an IBM campus - Domain 45 and Domain Tower's 2, 3 and 4, zoned as Class A office space . At 24 stories and 308 feet tall, Domain Tower 2 is currently the tallest building in The Domain Cousins Properties owns 11 office buildings in The Domain, most notably, the 18-story Domain 9 Catty-cornered from The Domain is the Q2 Stadium , which

2709-403: The national media for a tradition of unusual and extravagant gifts not sold in its stores. Some have included the "his and hers" themed items, trips and cars (see below). In 1952, Stanley Marcus introduced a new tradition of having extravagant and unusual gifts in each year's Christmas catalog, The Christmas Book . The idea was sparked when journalist Edward R. Murrow contacted Marcus to ask if

2772-679: The online luxury furniture outlet Horchow.com." The Neiman Marcus Group owned majority interest in Kate Spade LLC, a manufacturer of handbags and accessories. In October 2006, the company purchased all minority interest for approximately $ 59.4 million, and in November 2006 sold 100% ownership to Liz Claiborne , Inc. for approximately $ 121.5 million. Another divestiture was a majority interest in Gurwitch Products LLC, which manufactures Laura Mercier cosmetics, to Alticor Inc., for approximately $ 40.8 million. In 2013, Neiman Marcus settled

2835-460: The perfect store for women. Then I saw Neiman Marcus, and my dream had come true. In 1929, the store began offering menswear. During the 1930s and 1940s, Neiman Marcus began to include less-expensive clothing lines along with its high-end items, in response to the Great Depression and following war years. Between 1942 and 1944, sales at Neiman Marcus grew from $ 6 million to $ 11 million. Despite

2898-480: The planned Broadmoor station . Opposite Braker from The Domain is the 475-acre J. J. Pickle Research Campus . Austin businessman and civic activist, Brian Rodgers, leader of Stop Domain Subsidies, sued the City of Austin and Endeavor Real Estate Group in 2004, claiming Endeavor purposely misled the city in order to receive what he argued amounted to $ 65 million in tax subsidies. The suit was settled out of court, with

2961-496: The rest of NorthPark Center. While Stanley Marcus wanted to use white marble throughout the new store, Raymond Nasher and Hamilton argued for unity in the overall design and materiality of the Center. Roche thus used bold elements defining the departments within. Marcus stated 'We found ourselves educating most of the architects…that…were positive of only one thing with any store: that we would want to change it within 10 years… [but Roche]

3024-404: The server for the recipe. The server said that the recipe would cost "two fifty" and the woman agreed. However, she was in disbelief when she was charged $ 250 for the recipe instead of what she thought would be $ 2.50. The rumor eventually became xeroxlore and a chain letter . In 1997, after the rumor had progressed to an infamous e-mail forward , the company released a statement that the story

3087-504: The settlement allowing the City of Austin to back out of deal with no penalties. Eventually, the local newspaper verified that the original claim that the subsidy was only $ 25 million was false and that, according to their figures, it could amount to $ 57 million. Stop Domain Subsidies launched a petition drive in 2007 to put an initiative on the city ballot to stop the city from granting any city tax subsidies for developments with retail uses. The charter amendment, which would have prevented

3150-498: The store would be offering anything unusual that might interest his radio listeners. Marcus invented on the spot an offering of a live Black Angus bull accompanied by a sterling silver barbecue cart, and the catalog was subsequently altered to include this item, priced at $ 1,925. At one point, the Neiman Marcus Christmas catalog carried the distinction of being the item most stolen from recipients' mailboxes, prompting

3213-423: The three entrepreneurs rejected the fledgling Coca-Cola company and chose instead to return to Dallas to establish a retail business. For this reason, early company CEO Peb Atera was quoted in 1957 as saying in jest that Neiman Marcus was "founded on bad business judgment." The store, established on September 10, 1907, was lavishly furnished and stocked with clothing of a quality not commonly found in Texas. Within

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3276-433: The total number of residential units to over 3,000 units, with the ultimate goal to bring the total number to 5,000. Dallas-based TIER REIT, Inc. (NYSE: TIER) owns and operates the majority of the office space offered at The Domain, including Domain 2 (115,000 square feet), Domain 3 (179,000 square feet), Domain 4 (153,000 square feet), Domain 7 (222,000 square feet) and a 50% interest in Domain 8 (291,000 square feet), which

3339-419: The women's apparel department. In its first year at the new building, Neiman Marcus recorded a profit of $ 40,000 on sales of $ 700,000, nearly twice the totals reached in its last year at the original location. In 1927, the store expanded, and Neiman Marcus premiered the first weekly retail fashion show in the United States. The store staged a show called "One Hundred Years of Texas Fashions" in 1936 in honor of

3402-695: The world and had the vivid colors translated into dyes for wool, silk, and leather. Area teachers cited the Gauguin exhibits as spurring a dramatic increase in art study. In the 1950s and 1960s, Gittings operated a portrait studio in Neiman Marcus. Clients included Hope Portocarrero , Lyndon Johnson , Howard Hughes , and the Shah of Iran , Mohammad Reza Pahlavi and his family. A late 1960s Christmas Book featured portraits of Wyatt Cooper , his wife Gloria Vanderbilt , and children Carter and Anderson Cooper . The company continued its extravagant marketing efforts (including

3465-554: Was also opened. By 1967 the four Neiman Marcus stores in operation were generating annual sales of $ 58.5 million, and the company's profit for that year was in excess of $ 2 million. In 1968, the company merged with Broadway-Hale Stores, Inc., which enabled Neiman Marcus to expand at a much faster pace than would have been possible as an independent entity. In 1971, the first Neiman Marcus outside Texas opened in Bal Harbour, Florida . In subsequent years stores opened in over 30 cities across

3528-513: Was completed in 2021. McKalla station is a Capital MetroRail station that provides rail service to the Q2 Stadium. Opposite Burnet from The Domain is the new 66 acre Uptown ATX, a $ 3 billion project being built whose first phase is currently under construction and will add 341 apartment units, 348,000 square feet of office space and 15,000 square feet of retail space. This property used to consist primarily of IBM buildings and will be serviced by

3591-529: Was delivered in 1 Q'2017 at 98% leased. In addition, TIER REIT owns over 18 acres of fully entitled land at The Domain that can accommodate an additional 1.3 million square feet of future office space. On June 23, 2017, TIER REIT announced that it was commencing development on Domain 11, a 16-story Class A office development. Construction is scheduled to begin shortly, with a late-2018 targeted delivery date. The building will encompass approximately 324,000 square feet. Austin-based Endeavor Real Estate Group owns

3654-549: Was one of two stores in the nation — the other being Wanamaker's in Philadelphia — to offer computer-based assistance in selecting Christmas gifts. The process worked by comparing information on the recipient to a computerized list of the 2,200 items available at Neiman-Marcus, then providing a printout of the 10 best suggestions. One person testing the computer filled out the questionnaire as if he were President John F. Kennedy shopping for gifts in excess of $ 1,000 for his wife ;

3717-613: Was primarily funded by the developers of The Domain, including Simon Properties, the largest mall developer in the United States. Then Austin Mayor, Will Wynn, appeared on TV ads paid for by the Keep Austin's Word PAC, to the tune of nearly $ 400,000, urging that Austin "keep its word." Another citizen's petition drive in 2012 in Austin passed, replacing Austin's all at-large voting system to single-member districts (geographic representation) and Austin's independent citizens commission (ICRC) to draw

3780-693: Was referred to as the "Nam Diamond". In 2018 Geoffroy van Raemdonck replaced Karen Katz as CEO. In April 2019, Neiman Marcus acquired a minority stake in Fashionphile , an online resale platform for handbags, jewelry and accessories. Neiman Marcus Group, Ltd. LLC and 23 affiliated debtors filed Chapter 11 bankruptcy in the United States District Court for the Southern District of Texas in May 2020. The debtors requested joint administration of

3843-482: Was sold for $ 6 billion to Ares Management and the Canada Pension Plan Investment Board . In August 2015, the company again announced it was preparing for an initial public offering. In late 2015 Neiman Marcus became a stand-alone company. In November 2013 the firm discovered a 25-carat rough diamond off Namibia's coast, which was valued with a reserve price tag of $ 1.85 million. The diamond

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3906-837: Was spun off and filed for IPO on the NYSE, valuing it at $ 2.2 billion which increased to $ 3 billion during the first day of trading. In August 2020 it announced the closing of five stores: Mazza Gallerie in Washington D.C. ; Hudson Yards in New York City ; The Galleria at Fort Lauderdale ; Worth Avenue in Palm Beach, Florida ; and Downtown Bellevue near Seattle . In June 2022 Neiman Marcus Group reported their highest sales volume in almost half of their stores, and sales of their 20 best-selling brands grew by 70% above pre-COVID levels in 2019. The company has also been attracting younger customers, with

3969-423: Was very convincing that a building had to have some discipline. Stanley was right, and later, during a remodeling to keep the store contemporary, elements with which he argued against had to be removed at great expense." *fiscal year **announced Neiman Marcus is still in operation today under the original name and is still headquartered in Dallas, where it was founded. The Neiman Marcus Group comprises

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