Tag Archives: Karen Katz

Neiman Marcus Moves Gold Over Merchandising in Organizational Reset

Jim Gold

DALLAS—In a reorganization intended to merge the merchandising and planning functions for both its stores and online channel, Neiman Marcus has named Jim Gold president and chief merchandising officer of Neiman Marcus. In his new role, which goes into effect on April 14, Gold will lead an integrated merchant and planning team for Neiman MarcusMore »

Neiman Marcus Sold to Ares, Canada Pension Plan Investment Board

Neiman_Marcus_flagship_store_-_sign

TORONTO-Ares Management, co-owner of mattress manufacturers Serta and Simmons, has allied with the Canada Pension Plan Investment Board (CPPIB) to acquire Neiman Marcus Group from private-equity firms TPG Capital and Warburg Pincus for $6 billion. Under the terms of the deal, Ares and CPPIB will hold an equal interest in Neiman Marcus, and the retailer’sMore »