who owns neiman marcus
Neiman Marcus is currently owned by Saks Global, the luxury retail holding company that also owns Saks Fifth Avenue and Bergdorf Goodman.
Who owns Neiman Marcus now?
- Neiman Marcus Group was acquired by Saks Global in a deal valued at about $2.7 billion, completed in December 2024.
- After this acquisition, Neiman Marcus became part of Saks Global’s multi-brand luxury portfolio alongside Saks Fifth Avenue, Bergdorf Goodman, Saks OFF 5TH, Last Call, and Horchow.
The corporate structure
- Saks Global is a holding company created when Hudson’s Bay Company (HBC), the longtime owner of Saks, spun off its U.S. luxury assets and folded in Neiman Marcus Group.
- Legally, Neiman Marcus continues to operate as a brand and retail business under the Saks Global umbrella rather than as an independent, publicly traded company.
Recent news and financial context
- In January 2026, Saks Global filed for Chapter 11 bankruptcy protection after heavy debt tied in part to the Neiman Marcus acquisition, but it remains the owner during restructuring.
- As part of this process, stores and e-commerce sites for Neiman Marcus and other Saks Global brands are expected to stay open while the company works through its reorganization plan.
Quick HTML table of key facts
| Aspect | Details |
|---|---|
| Current owner | Saks Global (luxury retail holding company). | [7][1]
| Deal completion | Acquisition of Neiman Marcus Group completed in December 2024. | [5][1]
| Former controlling group | Neiman Marcus Group previously operated independently (after prior private equity ownership and a 2020 bankruptcy restructuring) before sale to Saks Global. | [10]
| Other brands under same owner | Saks Fifth Avenue, Bergdorf Goodman, Saks OFF 5TH, Last Call, Horchow. | [5][1]
| Latest major update | Saks Global filed for Chapter 11 bankruptcy in January 2026 but remains owner during restructuring. | [3][7]