Neiman Marcus Group Files for $100M Common Stock IPO

(Updated - August 4, 2015 4:55 PM EDT)

Neiman Marcus Group, Inc. filed a registration with the U.S. SEC for an IPO of its Common Stock. The proposed maximum offering price is $100 million. The company plans to trade under the ticker, NMG.

Brief company summary: Founded over 100 years ago, we are one of the largest omni-channel luxury fashion retailers in the world, with approximately $4.8 billion in revenues for fiscal year 2014, of which approximately 24% were transacted online. Our Neiman Marcus, Bergdorf Goodman and MyTheresa brands are synonymous with fashion, luxury and style. We offer a distinctive selection of women's and men's apparel, handbags, shoes, cosmetics and precious and designer jewelry from premier luxury and fashion designers to our loyal and affluent customers "anytime, anywhere, any device." We have a longstanding heritage of providing the highest level of personalized, concierge-style service to our customers through our experienced team of sales associates.

Entities affiliated with Ares Management, L.P. and Canada Pension Plan Investment Board and certain co-investors hold substantially all of the outstanding common stock.

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