Topics

Saks Inc.
Neiman Marcus files for IPO, aims to raise $100 million
Neiman Marcus files for IPO, aims to raise $100 million

Neiman Marcus Inc., owner of luxury department stores stuffed with brands such as Prada, Chanel and Gucci, said in a regulatory filing Monday that it plans to raise up to $100 million in an initial public offering. The Dallas company was taken over eight years ago for $5.1 billion by private equity firms TPG Capital and Warburg Pincus. The retailer did not disclose its projected IPO price range, how many shares it planned to offer or even its intended ticker symbol or host exchange. Neiman Marcus operates 41 namesake stores in the U.S. as well as two Bergdorf Goodman locations. The company also owns 35 smaller Last Call and six CUSP outposts targeted at younger, budget-conscious...

Loading