Quantcast

luxury retail Articles

Owners of Neiman Marcus Sell Chain for $6 Billion Owners of Neiman Marcus Sell Chain for $6 Billion

News broke on Monday that private equity firms TPG Capital and Warburg Pincus will sell their luxury chain Neiman Marcus to Ares Management and Canadian Pension Plan Investment Board for $6 billion. TPG Capital and Warburg Pincus purchased the chain …