About Neiman Marcus Group
Neiman Marcus Group is a company based in Dallas (United States) founded in 1907 was acquired by Hudson's Bay Company in July 2024.. Neiman Marcus Group has raised $200 million across 1 funding round from investors including FARFETCH and Hudson's Bay Company. Neiman Marcus Group has completed 2 acquisitions, including Mytheresa.com and Stylyze. Neiman Marcus Group offers products and services including Luxury Retail Services and Customer Support Services.
- Headquarter Dallas, United States
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Neiman Marcus Group Ltd
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Annual Revenue
$4.9 B4as on Jul 31, 2018
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Net Profit
$251.13 M147as on Jul 31, 2018
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EBITDA
$310.96 M237as on Jul 31, 2018
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Total Equity Funding
$200 M (USD)
in 1 rounds
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Latest Funding Round
$200 M (USD), Series D
Apr 05, 2022
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Investors
FARFETCH
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Mytheresa.com
& 1 more
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Acquired by
Hudson's Bay Company
(Jul 04, 2024)
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Products & Services of Neiman Marcus Group
Neiman Marcus Group offers a comprehensive portfolio of products and services, including Luxury Retail Services and Customer Support Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Luxury goods are offered through various brands for customer retail experiences.
Inquiries and assistance are provided via dedicated contact methods for retail operations.
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Software Development Team
76 people
Leadership Team
43 people
Sales and Marketing
35 people
Human Resources and Administration
26 people
Senior Team
20 people
Product Management Team
17 people
Operations Team
17 people
Manager Team
12 people
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Funding Insights of Neiman Marcus Group
Neiman Marcus Group has successfully raised a total of $200M through 1 strategic funding round. The most recent funding activity was a Series D round of $200 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series D — $200.0M
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First Round
First Round
(05 Apr 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series D - Neiman Marcus Group | Valuation | Farfetch |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Neiman Marcus Group
Neiman Marcus Group has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include FARFETCH and Hudson's Bay Company. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multi-category fashion products are retailed online for diverse demographics.
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Founded Year | Domain | Location | |
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Department store retailing is operated through multiple banners and locations.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Neiman Marcus Group
Neiman Marcus Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Mytheresa.com and Stylyze. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Coordinated home decor looks are recommended via a personalized platform.
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2012 | ||||
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esa.com is an online retailer of luxury designer clothing and accessories from various brands for men, women, and kids
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Neiman Marcus Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Neiman Marcus Group Comparisons
Competitors of Neiman Marcus Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Neiman Marcus Group
When was Neiman Marcus Group founded?
Neiman Marcus Group was founded in 1907 and raised its 1st funding round 115 years after it was founded.
Where is Neiman Marcus Group located?
Neiman Marcus Group is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Is Neiman Marcus Group a funded company?
Neiman Marcus Group is a funded company, having raised a total of $200M across 1 funding round to date. The company's 1st funding round was a Series D of $200M, raised on Apr 05, 2022.
What is the annual revenue of Neiman Marcus Group?
Annual revenue of Neiman Marcus Group is $4.9B as on Jul 31, 2018.
What does Neiman Marcus Group do?
Neiman Marcus Group was established in 1907 in Dallas, United States. Retail operations are conducted as a chain focused on consumer products. Various goods are offered to customers across the retail sector. Headquarters are maintained in Dallas, with activities centered in the United States. The companys domain, neimanmarcusgroup.com, supports online presence alongside physical stores.
What products or services does Neiman Marcus Group offer?
Neiman Marcus Group offers Luxury Retail Services and Customer Support Services.
How many acquisitions has Neiman Marcus Group made?
Neiman Marcus Group has made 2 acquisitions, including Mytheresa.com, and Stylyze.
Who are Neiman Marcus Group's investors?
Neiman Marcus Group has 2 investors. Key investors include FARFETCH, and Hudson's Bay Company.
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