Talk:Neiman Marcus#Corporate affairs and other edits

{{edit COI|answered=yes}}

Hi, I have several requests to update the article as our company has changed a good deal since this was last edited. The below are recommended factual corrections to accurately represent NMG's current standing.

• In the introduction I want to clarify the differences between the "Neiman Marcus Group, Inc.," which is the corporate 'mother company' and "Neiman Marcus," one of several department store chains owned by NMG, as well as add current information and remove outdated information. Please replace the current introduction with the following. (I added one source, and took out the outdated ownership. The first and third sources are from the current introduction):

::Neiman Marcus Group, Inc., is an American integrated luxury retailer headquartered in Dallas, Texas,{{cite web|url=http://phx.corporate-

ir.net/phoenix.zhtml?c=118113&p=irol-contact|title=Neiman Marcus Group - Company Contacts|publisher=corporate-ir.net}} which owns Neiman Marcus, Bergdorf Goodman, Horchow, and Last Call. The Group filed for bankruptcy on May 7, 2020, and emerged from Chapter 11 restructuring in late September 2021.{{Cite web |last=UK |first=FashionNetwork com |title=Neiman Marcus Group emerges from Chapter 11 bankruptcy |url=https://uk.fashionnetwork.com/news/Neiman-marcus-group-emerges-from-chapter-11-bankruptcy,1246802.html|website=FashionNetwork.com |language=en-UK}}{{Cite web |date=2020-10-06 |title=Neiman Marcus Group Completes Chapter 11 Process; Emerges with Strengthened Capital Structure |url=https://www.factentry.com/neiman-marcus-group-completes-chapter-11-process-emerges-with-strengthened-capital-structure/|website=FactEntry |language=en-US}}{{Cite web |title=Neiman Marcus emerges from bankruptcy |url=https://www.cnbc.com/2020/09/25/neiman-marcus-emerges-from-bankruptcy.html|website=CNBC |language=en}} Since September 2021, NMG has been owned by a group of investment companies lead by Davidson Kempner Capital Management, Sixth Street Partners and Pacific Investment Management.

:::File:Red information icon with gradient background.svg Not done for now: first reference has a broken URL, can you please fix it? Storchy (talk) 19:03, 8 August 2022 (UTC)

• Please add the current CEO, placing the following sentence in the section called "2010-present" directly before the last sentence in the section, which begins "In April 2019, Neiman Marcus..."

::In 2018 Geoffroy van Raemdonck replaced Karen Katz as CEO. {{cite news |last1=Hirsch |first1=Lauren |title=Neiman Marcus names Geoffroy van Raemdonck CEO, replacing Karen Katz |url=https://www.cnbc.com/2018/01/05/neiman-marcus-names-geoffroy-van-raemdonck-ceo-replacing-katz.html |publisher=CNBC |date=5 January 2018}}

:::{{done}} Storchy (talk) 19:03, 8 August 2022 (UTC)

• In the "Corporate affairs" section, please update the number of Neiman Marcus stores from 42 to 36, {{cite web| title =Neiman Marcus Group-Our Brands| url =https://www.neimanmarcusgroup.com/our-brands| website =Neiman Marcus Group | date =2020 }} and change the number of Last Call clearance centers from 30 to 5. {{cite news |title=Neiman Marcus Group |url=https://www.forbes.com/companies/neiman-marcus-group/?sh=5d9eb7206005 |publisher=Forbes |date=23 November 2021}}

:::{{done}} Storchy (talk) 19:03, 8 August 2022 (UTC)

• Please add the following paragraph to the end of the Chapter 11 bankruptcy section:

::In June 2022 NMG reported their highest sales volume in almost half of their stores, and sales of their 20 best-selling brands grew by 70% above pre-COVID levels in 2019. The company has also been attracting younger customers, with the average age falling by seven years from pre-pandemic levels, from the mid-40s to the high-30s.

name="Forbes:Danziger">{{cite news |last1=Danziger |first1=Pamela |title=With Last Quarter Sales Up 30%, Neiman Marcus Is Prepared For Changing Economic Winds |url=https://www.forbes.com/sites/pamdanziger/2022/06/14/with-first-half-sales-up-30-neiman-marcus-is-prepared-for-changing-economic-winds/?sh=63b7340426f5 |publisher=Forbes |date=14 June 2022}}

:::{{done}} Storchy (talk) 19:07, 8 August 2022 (UTC)

{{reflist-talk}}

Thanks so much for your help, NMGCommsMgr (talk) 17:52, 8 August 2022 (UTC)

:Thank you {{u|Storchy}} for implementing almost all of my edit request. I apologize for the broken source. It could be I broke it when I copied it to the Talk page, but even so, the link was already dead, I just didn’t know if it was appropriate for me to change it. Here is the same paragraph with a working, more recent source, replacing the dead/broken link:

::Neiman Marcus Group, Inc., is an American integrated luxury retailer headquartered in Dallas, Texas,{{cite news |last1=Dean|first=Jake |title=Neiman Marcus Group closes $200M investment by Farfetch |url=https://www.bizjournals.com/pacific/bizwomen/news/latest-news/2022/06/neiman-marcus-retail-investment-farfetch-limited.html |publisher=bizjournals.com |date=9 June 2022}} which owns Neiman Marcus, Bergdorf Goodman, Horchow, and Last Call. The Group filed for bankruptcy on May

7, 2020, and emerged from Chapter 11 restructuring in late September 2021.{{Cite web |last=Lacombe|first=Gabriella|title=Neiman Marcus Group emerges from Chapter 11 bankruptcy |url=https://uk.fashionnetwork.com/news/Neiman-marcus-group-emerges-from-chapter-11-bankruptcy,1246802.html|website=FashionNetwork.com |language=en-UK|date=28 September 2020}}{{Cite web |date=2020-10-06 |title=Neiman Marcus Group Completes Chapter 11 Process; Emerges with Strengthened Capital Structure |url=https://www.factentry.com/neiman-marcus-group-completes-chapter-11-process-emerges-with-strengthened-capital-structure/|website=FactEntry |language=en-US}}{{Cite web |title=Neiman Marcus emerges from bankruptcy |url=https://www.cnbc.com/2020/09/25/neiman-marcus-emerges-from-bankruptcy.html|website=CNBC |language=en|date=25 September 2020}} Since September 2021, NMG has been owned by a group of investment companies lead by Davidson Kempner Capital Management, Sixth Street Partners and Pacific Investment Management.

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:Thanks again, NMGCommsMgr (talk) 14:11, 10 August 2022 (UTC)

::{{Ping|Storchy}} Would you like to revisit this request, since you replied above? ---Another Believer _(Talk) 15:26, 31 August 2022 (UTC)

:::{{done}} Eek, missed that reply by three weeks, sorry. Storchy (talk) 15:32, 31 August 2022 (UTC)

::::@Storchy Time to mark this request as answered? Let me know if you need help updating the template at the top of this request. Thanks for the follow up. ---Another Believer _(Talk) 16:34, 31 August 2022 (UTC)

::::: {{done}} 😀 Thanks for the reminder. Storchy (talk) 16:50, 31 August 2022 (UTC)

::::::No prob! Thanks, ---Another Believer _(Talk) 16:56, 31 August 2022 (UTC)

:::::::Thank you so much {{u|Storchy}} and {{u|Another Believer}} for implementing the remaining bullet point of my edit request above. Your work and initiative are appreciated. NMGCommsMgr (talk) 13:23, 7 September 2022 (UTC)

{{edit COI|answered=yes}}

Hi. The following edits that I am requesting are to rename headings and subheadings so that the organization of the content is clear and precise. I am also requesting the addition of a small bit of new information (a date with a source) and some grammar fixes.

• Please change the heading "Operations during the 20th century" to "History". This is the clearest possible title for what follows.
• Please change the following sub-heading from "Early history" to "1907—1949". This specific title is more useful to readers looking for information quickly. It also matches all the rest of the sub-heads that follow in the History section.
• Please delete the heading "Operations during the 21st century". This is an unnecessary and even confusing heading.
• Please change the sub-heading "2010—present" to "2010—2019". We will add a new section including updated information after this section.
• Please delete the sub-heading "Chapter 11 bankruptcy" and replace it with "2020—present". There is no reason to have a separate heading here for the bankruptcy, since there is no other subject in History that has its own sub-heading. Having a separate heading here implies that this event is more important than all the other events so far mentioned in the History section.
• In the second paragraph of the newly named "2020—present" section, directly after the phrase "United States District Court for the Southern District of Texas," please add "in May 2020."{{cite news |last1=Danziger |first1=Pamela N. |title=After A Year Of Sweeping Change, Neiman Marcus Holds Tight To Tradition In Its Christmas Book |url=https://www.forbes.com/sites/pamdanziger/2021/12/02/after-a-year-of-sweeping-change-neiman-marcus-holds-tight-to-tradition-in-its-christmas-book/?sh=46518259a96a |publisher=Forbes |date=2 December 2021}}
• In the following sentence, "The debtors have requested" please remove the word "have". Simple past tense is correct.
• In the same paragraph, the tense of the following sentence should also be changed by removing the words "is" and "now" and replacing with "was" and "is" with the final result of: "The company's website, mytheresa.com, was not part of the bankruptcy. At the end of September 2020, Neiman Marcus exited Chapter 11 bankruptcy, and as of 2022 is owned by a consortium of investment firms..."

{{reflist-talk}}

Thanks so much. I am pinging {{u|Storchy}} who was so helpful with the previous edit request. C at nmg (talk) 13:43, 7 September 2022 (UTC)

:{{done}} Storchy (talk) 15:32, 7 September 2022 (UTC)

{{edit COI|answered=yes}}

Hi. A few things first. A big thank you to {{u|Storchy}} for their quick and thorough response to my last edit request. Second, I would like to clarify, in case there is any confusion, that I am one of two COI editors who have disclosed a conflict of interest with this page. My user name is C at NMG, and my colleague is EH at NMG. However, her first user name was NMGCommsMgr, which she had changed so there would be no suspicion that that account was corporate in nature. If anyone has any questions about this, please don’t hesitate to ask. Now to the edit request.

There are four things that need to be updated in the Infobox:

1. The number of locations is now 36 not including "Neiman Marcus Last Call"
2. The 'Owners' have changed and it should say "Davidson Kempner Capital Management, Sixth Street Partners and Pacific Investment Management
3. The number of employees should be 10,000+ (2022){{cite web |title=Neiman Marcus Group:Facts |url=https://www.neimanmarcusgroup.com/facts |website=neimanmarcusgroup.com}}
4. In the Divisions parameter, please remove (43 stores). It is not needed there, and it is a number that is always changing. It is better if that number is confined to the "Number of locations" parameter.

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Thanks again. C at nmg (talk) 13:41, 21 September 2022 (UTC)

:{{done}}, though the number 43 already seems to have been removed. Storchy (talk) 13:51, 21 September 2022 (UTC)

{{edit COI|A}}

Thank you {{u|Storchy}} for answering my last edit request.

Below are a few additional edit requests for the Neiman Marcus article.

• In the History section's subsection called "1950—1999", at the end of the second to last sentence, right after "However, the project did not come to fruition, instead opening its concept store in the 1990s," please add the following sentence:

:In 1987 Bergdorf Goodman was acquired by the Neiman Marcus Group.{{cite web |title=Bergdorf Goodman Company History Timelin |url=https://www.zippia.com/bergdorf-goodman-careers-16647/history/ |website=Zippia}}{{cite web |title=Neiman Marcus |url=https://www.britannica.com/topic/Neiman-Marcus |website=Britannica}}{{cite book |last1=Sterlacci |first1=Francesca |last2=Arbuckle |first2=Joanne |title=Historical Dictionary of the Fashion Industry |date=30 June 2017 |publisher=Rowman & Littlefield |isbn=1442239093 |pages=72 |url=https://books.google.co.il/books?id=jycnDwAAQBAJ&pg=PA72&lpg=PA72&dq=neiman+marcus+1987+bergdorf+goodman&source=bl&ots=IU0dSykpKo&sig=ACfU3U1V2KmIx4hhcUqTFB5b3Rsu1ZwzOQ&hl=en&sa=X&ved=2ahUKEwi06qqF5OH4AhXFwKQKHTpDCqIQ6AF6BAgwEAM#v=onepage&q=neiman%20marcus%201987%20bergdorf%20goodman&f=false}}

::* For the History section edit, I'm not clear about the reliability of the zippia.com reference. Some of it appears to be copied from [https://citybeautifulblog.com/2020/04/28/bergdorf-goodman-the-wealthiest-janitors-in-history-and-5th-ave-haute-couture/ this blog post]. The Brittanica reference doesn't quite verify what's written. Google Books won't show me the third reference you've cited. Have you got a more WP:Reliable source? Storchy (talk) 15:37, 21 October 2022 (UTC)

• In the last sentence of the same paragraph, "In 1988 the company's name was officially changed..." please change "company's" to "brand" so the sentence now reads: "In 1988 the brand name was officially changed from Neiman-Marcus to Neiman Marcus and the current logo was adopted."

:*This sentence is unsourced. Can you please supply a source to verify the 1988 change? Storchy (talk) 15:37, 21 October 2022 (UTC)

• In the subsection "2010—2019" please move the entire last paragraph that begins "In April 2020, Neiman Marcus was..." to the beginning of the next subsection, "2020—present". Since the paragraph is about something that happened in 2020, it belongs in that subsection.

:*That sentence is no longer there. Can you please revise this request? Storchy (talk) 15:37, 21 October 2022 (UTC)

• In the Corporate affairs section, in the first sentence, after the words "...is still headquartered in..." please add the word "Dallas" so the sentence reads "...is still headquartered in Dallas, the city where it began."

:{{done}} I've change the sentence to "still headquartered in Dallas, where it was founded." "Where it began" is a tiny bit promotional. Storchy (talk) 15:37, 21 October 2022 (UTC)

• In the same paragraph and the following sentence, please delete "— Cusp (a contemporary boutique format) and the Direct Marketing division, Neiman Marcus Direct." This is no longer true. I am not sure if it ever was true. The remaining sentence should be: "The Neiman Marcus Group comprises the Specialty Retail stores division including Neiman Marcus Stores and Bergdorf Goodman." I am not sure why "Neiman Marcus Group" is bold there. If you think it should be de-bolded, that is fine with me.

:{{done}}, de-bolded, and some minor edits for tone: I've swapped "luxury goods" for the rather ambiguous word "upscale". Storchy (talk) 15:37, 21 October 2022 (UTC)

• Please add "As of mid-2022" to the beginning of the sentence "The company operates 36 Neiman Marcus stores..." so it reads "As of mid-2022 the company operates 36 Neiman Marcus stores..." {{done}}
• At the end of the sentence that begins "The company also operates five "Last Call" clearance centers..." please change "...two Horchow Finale Furniture Outlets" to "...and the online luxury furniture outlet Horchow.com."{{cite web |title=BoF Careers |url=https://www.businessoffashion.com/careers/job/213504/senior-specialist-talent-acquisition-corporate-store-support/ |website=Business of Fashion}}{{cite news |last1=Genzlinger |first1=Neil |title=S. Roger Horchow, Retailer Turned Broadway Producer, Dies at 91 |url=https://www.nytimes.com/2020/05/15/business/roger-horchow-dead.html |publisher=New York Times |date=15 May 2020}} {{done}}
• Please delete the last sentence of this paragraph: "These store operations total more than five million square feet (four hundred sixty thousand square metres) gross." It is not relevant. {{done}}

{{reflist-talk}}

Thanks so much, C at nmg (talk) 19:15, 29 September 2022 (UTC)

:Hi {{u|Storchy}}. Thank you again for your edits and taking time to help out. Here are my answers to your concerns and requests:

:*I found a new source for the first bullet point for the following sentence in the History section. The supporting statement from the source is in the fifth paragraph.

::In 1987 Bergdorf Goodman was acquired by the Neiman Marcus Group. https://www.forbes.com/sites/walterloeb/2021/07/05/neiman-marcus-explores-sale-of-bergdorf-goodman/?sh=40a2f7aa200b

:::{{done}}

:*The second bullet point concerning the sentence "In 1988 the company's name was officially changed from Neiman-Marcus to Neiman Marcus and the current logo was adopted," I was able to find the following sources: https://www.latimes.com/archives/la-xpm-1988-10-21-vw-4241-story.html and https://logos.fandom.com/wiki/Neiman_Marcus. As additional proof of the logo change, when comparing the logo from the [https://www.etsy.com/ie/listing/1009539604/vintage-1987-neiman-marcus-christmas Christmas book in 1987] to the logo on the [https://www.etsy.com/au/listing/1186588669/christmas-1988-neiman-marcus-catalog Christmas book in 1988] you will see that the logo changed in 1988.

::The LA Times reference verifies that the logo has changed, but doesn't say when or how. Quote: {{quote| Is it Neiman-Marcus or Neiman Marcus? We called company headquarters in Dallas to get the lowdown and found out the hyphen is indeed gone from the name on anything paper related, such as ads, bills and letterheads, but not from the outside of buildings. That would have been a major undertaking in what is described as “a small stylistic revision to make the name more legible.” Although at one time there was a Mr. Neiman and a Mr. Marcus, no one seems to know why a hyphen came between them originally.}}

::Fandom and Etsy are unfortunately not considered reliable sources on Wikipedia. Since you work for the company, perhaps you could persuade the website's maintainer to include confirmation at [https://www.neimanmarcusgroup.com/history the history page]? It's a primary source, but better than nothing.

:Circling back to my original request, would it be possible for you to change the word "company's" to "brand" in that sentence?

:: {{done}}

:*In the case of the third bullet point, it is now no longer relevant since the statement in question has been removed.

:Thanks for all your excellent edits. C at nmg (talk) 14:57, 2 November 2022 (UTC)

::Hi, all done but one, please see above inline. Storchy (talk) 15:35, 2 November 2022 (UTC)

:::It has been several months without any specific replies to the inquiries above. For now, I will mark this as addressed since the majority of the request has been implemented. I am marking this request as addressed; to re-open it if responses are provided to clarify any additional requested edits, remove the "|A" in the {{tl|request edit}} template above. Spencer^T•C 21:46, 15 February 2023 (UTC)

{{edit COI|A}}

Hi again. Thanks so much {{u|Storchy}} for all your help. We are working on either finding a reliable source for the date of the logo change, or adding it to the website. When that gets done, we will let you know. I have a few more edit requests for the 'Corporate affairs' section.

• The second paragraph in the Corporate affairs section, which begins "Neiman Marcus Direct conducts both print catalog and online operations..." is outdated, unnecessary, and unsourced. Please remove the entire paragraph.
• Please add the following three paragraphs to the end of the Corporate affairs section. They are updates about the company's recent important developments.

:{{done}} Storchy (talk) 17:51, 15 November 2022 (UTC)

:In March 2020, NMG launched an app tool called NM CONNECT. The tool allows salespeople (stylists) to give personal attention to on-line customers using texts, email, phone and video calls.{{cite news |last1=Ryan |first1=Tom |title=Neiman Marcus launches digital hub to bring the in-store experience online |url=https://retailwire.com/discussion/neiman-marcus-launches-digital-hub-to-bring-the-in-store-experience-online/ |publisher=RetailWire |date=28 July 2020}}

:In June 2021, NMG acquired Stylyze, an e-commerce platform, to expand the company's e-commerce capabilities.{{cite news |title=The running list of major retail deals |url=https://www.retaildive.com/news/the-running-list-of-major-retail-deals/622801/ |publisher=Retail Dive |date=31 May 2022}} Users connect to NMG using the proprietary app CONNECT.{{cite news |title=Making Life Extraordinary The Neiman Marcus Group Way |url=https://wwd.com/business-news/business-features/neiman-marcus-group-culture-1235019992/ |publisher=Women's Wear Daily |date=1 November 2022}}

:In April 2022, Farfetch Limited agreed to a $200 million minority investment in the Neiman Marcus Group{{cite news |last1=Moon |first1=Jeenah |title=Luxury retailer Farfetch invests in Neiman Marcus |url=https://www.reuters.com/business/retail-consumer/luxury-retailer-farfetch-invest-neiman-marcus-boost-online-growth-2022-04-05/ |publisher=Reuters |date=5 April 2022}} to stimulate growth through the stores' use of Farfetch Platform Solutions' e-commerce marketplace.{{cite news |last1=Danziger |first1=Pamela N. |title=With Last Quarter Sales Up 30%, Neiman Marcus Is Prepared For Changing Economic Winds |url=https://www.forbes.com/sites/pamdanziger/2022/06/14/with-first-half-sales-up-30-neiman-marcus-is-prepared-for-changing-economic-winds/?sh=26a1f9e826f5 |publisher=Forbes |date=14 June 2022}}

:{{done}}, with some minor edits for tone. Storchy (talk) 17:51, 15 November 2022 (UTC)

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Thanks so much, C at nmg (talk) 16:23, 15 November 2022 (UTC)

:This request appears to have been implemented without any remaining outstanding requests in this section. I am marking this request as addressed; to re-open it, remove the "|A" in the {{tl|request edit}} template above. Spencer^T•C 21:45, 15 February 2023 (UTC)

Why isn't the "nedeless markup" nickname included in the article? It's fairly well-known (reasonably prominent)... AnonMoos (talk) 11:59, 28 October 2023 (UTC)

Hi, I made a noncontroversial edit to update the information about the acquisition by Saks Global. I plan to make similar edits on the Neiman Marcus Group and Bergdorf Goodman pages as well. If anyone has questions, leave me a message or I am happy to discuss it here if necessary. Maddie for Saks (talk) 14:49, 21 January 2025 (UTC)

Hi. Please consider the two following edits:

• Please remove the last words in the Introduction: "the American division of the Hudson's Bay Company." This statement is incorrect, and the sources do not support it.
• At the end of the History section, in the subsection called "2020-present", please remove the next to the last sentence that states: "In July 2024, Neiman Marcus announced plans to merge with Saks Fifth Avenue in a reported $2.65 billion merger." Now that the acquisition has been completed and that fact is stated in the next sentence, there is no need to include the July announcement that the acquisition will take place in the future. Thanks so much. Maddie for Saks (talk) 14:56, 12 February 2025 (UTC)