Geoffroy van raemdonck wedding venues
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The deal to make Neiman Marcus Group part of Saks Global is complete, but its future won’t include the CEO of the Dallas firm.
With the close of the transaction, Geoffroy van Raemdonck, along with certain members of the Neiman Marcus leadership team, will be departing the company, Saks Global announced Monday. Von Raemdonck has been chief executive since 2018.
The move comes as Saks Global has finalized its acquisition of Neiman Marcus in a deal valued at $2.7 billion, the parties announced Monday.
Saks Global now includes Saks Fifth Avenue and Saks OFF 5TH, along with Neiman Marcus and Bergdorf Goodman. Each will continue to serve customers under its own brand.
“This milestone transaction marks a transformative moment for Saks Global and the luxury retail industry,” Richard Baker, executive chairman of Saks Global, said in a statement. “With data and innovation at our core and a portfolio of prime real estate, we aim to redefine the luxury shopping experience.”
The tie-up ends more than a century of local leadership for the storied Neiman Marcus department store chain, a brand that helped bring luxury retail to Dallas, and cement North Texas as a hub for high-end shopping.
Marc Metrick will serve as CEO of Saks Global Operating Group, and Ian Putnam will serve as CEO of
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The History of Luxury – Neiman Marcus and Carrie Marcus Neiman
DALLAS – By Michelle Leigh Smith – Beyond the square footage, Neiman Marcus remains a place that stirs memories of fashion, luxury and the Neiman woman who shaped the style of the era.
Those Neiman Marcus Memories
Gilda Bayegan remembers the fragrance fountain in the 129,000-SF Flagship store at Main and Ervay in Dallas from her childhood days. “You could dab a little Guerlain behind your ears and felt revitalized for the rest of the day,” she laughs.
Martha Vita, Founder of The Marks Project, bought her wedding suit there over 50 years ago. “I still have it – it’s tailored in white linen in the most beautiful cut imaginable.”
Carrie Neiman: Vision, Imagination & Grit
The sole woman responsible for the ethereal style was one of three founders who opened Neiman Marcus in 1907. Carrie Neiman had the vision, imagination and grit to create the ultimate fashion playground. She was celebrated both with a proclamation from Dallas Mayor Eric Johnson on Carrie Marcus Neiman Day and with a champagne kick-off of her new exhibit, An Eye for Elegance: Carrie Marcus Neiman and the Women who Shaped Neiman Marcus.” Her biography, by her niece, Jerrie Marcus Smith and Stanley Marcus’ granddaughter