Apparel & Accessories

Neiman Marcus is an upscale, specialty, retail department store, operated by the Neiman Marcus Group in the United States. The company is headquartered in Dallas, Texas, and competes with such establishments as Bloomingdale's, Nordstrom, and Saks Fifth Avenue. more...

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The Neiman Marcus Group also operates the exclusive Bergdorf Goodman specialty, retail department stores on Fifth Avenue in New York City and a direct marketing division, Neiman Marcus Direct, which operates catalogue and online operations under the "Horchow," "Neiman Marcus" and "Bergdorf Goodman" names.

History

Herbert Marcus, Sr., his sister Carrie Marcus Neiman and her husband, A. L. Neiman, came from Atlanta, Georgia with $25,000 to found the Neiman-Marcus retail establishment in Dallas, Texas, on September 10, 1907. Ironically, before the family members came to Dallas, they had an opportunity to invest in a new "sugary soda pop business" in Atlanta. The family decided to pass on investing in the business, which later became Coca-Cola. For this reason, early company CEO Stanley Marcus was quoted in 1957 as saying the company was "founded on bad business judgment."

In 1913, a fire destroyed the Neiman Marcus store and its merchandise. A temporary store was set up and opened in just 17 days. By 1914, Neiman Marcus reopened in its new, permanent location, on Main Street at Ervay Street. With the opening of this flagship store, Neiman Marcus increased its product selection to include accessories, lingerie and children's clothing, as well as expanding the women's apparel department. In 1929, it began offering menswear. The Main Street building, which many now call the 'original' Neiman Marcus, was given state historic landmark status by the Texas Historical Commission in 1982.

In 1927, Neiman Marcus premiered the first weekly retail fashion show in the United States.

In 1971, the first Neiman Marcus outside Texas opened in Bal Harbour, Florida. In subsequent years, stores have opened in over 30 cities across the United States, including Chicago, Atlanta, Beverly Hills, San Francisco and Las Vegas.

In the late 1990s, the company started a small boutique concept called the 'Galleries of Neiman Marcus', which sold jewelry, gifts and home accessories. The concept struggled and ultimately all three locations, Seattle, Cleveland and Phoenix, were shut. Some believe the locations were wrong and Neiman Marcus officials have hinted the concept might be resurrected. In 1999, neimanmarcus.com, and the store's online gift registry, debuted under the control of Neiman Marcus Group's Neiman Marcus Direct division.

Read more at Wikipedia.org