News

Neiman Marcus plans filing IPO

diamond world news service

In the fray of launching an initial public offering (IPO) worth around $100 million in stock, (a standard filing figure), Neiman Marcus Inc. has filed the required regulatory plans, reports say.

Reports also suggest the offering would be made through a prospectus only. The stock in the IPO is expected to be sold by affiliates of Newton Holding LLC, TPG and Warburg Pincus.

Under the umbrella of Neiman Marcus, there is a specialty retail stores segment operating with names Neiman Marcus, Last Call and Bergdorf Goodman, in addition to an online segment existing with the names Neiman Marcus, Horchow, Last Call and Bergdorf Goodman.


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