Neiman Marcus renounces a stock market listing

Publication

9 February 2017 à 15h59

Updated on 10 May 2019 à 17h59

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1 minute

Publication: 9 February 2017 à 15h59, Updated on 10 May 2019 à 17h59

Reading time: 1 minute

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Publication

9 February 2017 à 15h59

Updated on 10 May 2019 à 17h59

Reading time

1 minute

Publication: 9 February 2017 à 15h59, Updated on 10 May 2019 à 17h59

Reading time: 1 minute

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The department store retailer cancelled the process of financial listing, which started 17 months ago. The funds Ares Management and Canada Pension Plan Investment Board, both owners of Neiman Marcus, will try to develop sales while looking for a potential buyer.In 2016, sales of Neiman Marcus dropped by 2.9% to €4.7 billion and loss reached US$386 million.

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