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Neiman Marcus - About the company

Neiman Marcus is an acquired company based in Honolulu (United States), founded in 1907 by Carrie Marcus Neiman, Abraham Lincoln Neiman, Herbert Marcus, Rohit Sawhney and Shujiro Matsusaka. It operates as a Retail chain of luxury department store. Neiman Marcus has raised $200M in funding. The company has 198 active competitors, including 9 funded and 80 that have exited. Its top competitors include companies like Walmart, M&S and Target.

Company Details

Social
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Phone Number
+1 **********
Registered Address
1st Floor, J Block, Manyata Embassy Business Park, Nagawara, Arabic College, Bangalore, Bangalore North, Karnataka, India, 560045
Key Metrics
Founded Year
1907
Location
Honolulu, United States
Stage
Acquired
Total Funding
$200M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
201 - 500 as on Jul 01, 2024
Investment & Acquisitions
Exit Details
Acquired by Ares Management (Sep 09, 2013)

Neiman Marcus's acquisition details

Neiman Marcus got acquired by Ares Management and CPP Investments on Sep 09, 2013 at an acquisition amount of $*****.
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Neiman Marcus's funding and investors

Neiman Marcus has raised a total funding of $200M over 3 rounds. Its first funding round was on Mar 18, 2017. Its latest funding round was a Series D round on Jun 01, 2022 for $*****. 1 investor participated in its latest round. Neiman Marcus has 5 institutional investors.

Here is the list of recent funding rounds of Neiman Marcus:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 01, 2022
8148600
Series D
1807370
2418473
8900326
8236637
Mar 31, 2021
3334788
Conventional Debt
1258697
5715552
3125517
1603052
Mar 18, 2017
2017307
Conventional Debt
9258706
5207768
3601557
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Neiman Marcus' founders and board of directors

Founder? Claim Profile
The founders of Neiman Marcus are Carrie Marcus Neiman, Abraham Lincoln Neiman, Herbert Marcus, Rohit Sawhney and Shujiro Matsusaka. Herbert Marcus is the CEO of Neiman Marcus.
Here are the details of Neiman Marcus' key team members:

Neiman Marcus' employee count trend

Neiman Marcus has 201 - 500 employees as of Jul 24. Here is Neiman Marcus's employee count trend over the years:
Employee count trend for Neiman Marcus
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Neiman Marcus's Competitors and alternates

Top competitors of Neiman Marcus include Walmart, M&S and Target. Here is the list of Top 10 competitors of Neiman Marcus, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Walmart
Walmart
1962, Bentonville (United States), Public
Multinational retail corporation
-
77/100
2nd
Logo for M&S
M&S
1884, London (United Kingdom), Public
Retail chain of clothing, home & luxury food products
-
75/100
3rd
Logo for Target
Target
1962, Minneapolis (United States), Acquired
Retailer of women’s, kids’, toddler & baby items
-
75/100
4th
Logo for Ace Hardware
Ace Hardware
1924, Oak Brook (United States), Acquired
Offline retail chain for hardware products
-
73/100
5th
Logo for Nordstrom
Nordstrom
1901, Seattle (United States), Public
Fashion specialty retailer
-
72/100
6th
Logo for TravelCenters of America
TravelCenters of America
1972, Westlake (United States), Acquired
Franchise network of hospitality and convenience stores
-
72/100
7th
Logo for Lowe
Lowe
1946, Mooresville (United States), Public
Home improvement retailer offering a range of products and services
-
72/100
8th
Logo for Next
Next
1982, Leicester (United Kingdom), Public
Online retailer of apparel, accessories, homeware, beauty, and furniture
-
70/100
9th
Logo for Neiman Marcus
Neiman Marcus
1907, Honolulu (United States), Acquired
Retail chain of luxury department store
$200M
69/100
10th
Logo for Kroger
Kroger
1883, Cincinnati (United States), Public
Retail chain of grocery products
-
67/100
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Neiman Marcus's Investments and acquisitions

Neiman Marcus has made 3 investments including Fashionphile, Narvar and Hangzhou Meiyu Information Technology. Neiman Marcus has not made any acquisitions as of now.
Here is the list of its investments:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Apr 17, 2019
Investments
2004
Beverly Hills (United States)
Jun 13, 2016
Investments
2012
San Mateo (United States)
Mar 22, 2012
Investments
2010
Shanghai (China)
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News related to Neiman Marcus

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Media has covered Neiman Marcus for a total of 46 events in the last 1 year, 19 of them have been about company updates and 4 about people movement.
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