Retail & Consumer

Neiman Marcus

Luxury retailer acquired by Ares Management and CPPIB in 2013 for $6.2B LBO. Saddled with $4.9B in debt, filed for bankruptcy in 2020. PE owners also controversially transferred MyTheresa assets

FOUNDED
1907
IMPACTS
1 documented

Editorial Record

maintained by DeathbyPE. Every claim links to a public source.

Timeline

1907

Neiman Marcus founded

2020

Neiman Marcus saddled with $5B in debt by PE owners, filed for bankruptcy

CriticalDebt Loading

Ares Management and CPPIB's leveraged buyout loaded Neiman Marcus with $5 billion in debt. The luxury retailer filed for bankruptcy in 2020, wiping out thousands of jobs.

Before / After

Debt loaded

reported 2020

before $0

after $5 billion

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Tracked Locations

FL · 1

9643 Main St

Miami, FL 33101 · 555-357-6448

NC · 1

2127 Main St

Charlotte, NC 28201 · 555-360-3516

OH · 1

8639 Main St

Cleveland, OH 44101 · 555-635-2983

OR · 1

9092 Main St

Portland, OR 97201 · 555-688-8165