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It is also the successor to the Neiman Marcus Group, which was acquired by HBC in December 2024. The division includes the operations and properties of luxury department stores Bergdorf Goodman, Neiman Marcus, and Saks Fifth Avenue; off-price department stores Neiman Marcus Last Call and Saks Off 5th; and home furnishings website Horchow.
Luxury department stores like Neiman Marcus, Bloomingdales, and Saks Fifth Avenue were once cornerstones of high-end shopping. But today, the rise of online shopping, next-day delivery, and direct ...
As of December 2024, HBC has a Canadian division responsible for the namesake Hudson's Bay department stores (colloquially The Bay; La Baie in French), and an American division (Saks Global) that includes the full-line luxury stores Bergdorf Goodman, Neiman Marcus, and Saks Fifth Avenue; the off-price department stores Neiman Marcus Last Call ...
In June 2022 Neiman Marcus Group 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.
Wealthy Americans have their pick of luxury stores and boutiques to purchase from, ... For premium support please call: 800-290-4726 more ways to reach us. Mail. Sign in. Subscriptions;
Luxury retailer Neiman Marcus filed for bankruptcy on Thursday, becoming the first major department store chain to seek Chapter 11 protection because of the coronavirus pandemic. “Prior to COVID ...