Neiman Marcus

Neiman Marcus Group Inc Files for IPO with US Regulators

Neiman Marcus Group Inc Files for IPO with US Regulators

Neiman Marcus Group Inc has recently files for an initial public offering (IPO) with US regulators on Tuesday. This is the second time when the US luxury fashion retailer has revealed its plans of going public.

Backed by Canadian Pension Plan Investment Board (CPPIB) and Ares Management LP, the 100-year-old-retailer is famous for selling apparel, handbags, shoes, cosmetics and designer jewelry.

The luxury retailer operates nearly 41 department stores including the famed Bergdorf Goodman store on Manhattan's Fifth Avenue and the Last Call off-price chain.

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