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Can Ares and CPPIB Find Ways to Grow Neiman Marcus?

2013-09-12 19:33:00| National Real Estate Investor

While Neiman Marcus is largely viewed as a well-performing chain in one of the stronger sectors of retailing, its limited growth potential might make it difficult for the buyers to make a profit on their investment, some consultants say. read more

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US: Neiman Marcus agrees $6bn takeover deal

2013-09-09 18:57:00| Daily apparel & textile news and comment - from just-style.com

Upscale department store retailer Neiman Marcus is to be acquired by Ares Management and Canada Pension Plan Investment Board (CPPIB) in a deal worth US$6bn.

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Neiman Marcus Might Be Sold--to Pension Fund/Private Equity Joint Venture

2013-09-09 16:06:00| National Real Estate Investor

Ares Management and Canada Pension Plan Investment Board are in talks to buy the luxury retailer for more than $6 billion. TrafficCourt read more

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Virtual Reality at Neiman Marcus

2013-08-23 07:00:00| Happi Breaking News

Retailer offers at-counter service online.

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US: Neiman Marcus hires banks for potential IPO?

2013-08-06 16:07:00| Daily apparel & textile news and comment - from just-style.com

Upscale department store retailer Neiman Marcus has reportedly appointed hired Credit Suisse Group, Bank of America Merrill Lynch and JPMorgan Chase & Co to lead a potential initial public offering (IPO).

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