The full report, which can be found here, details a strategy that is comprised of three components: Using a three-pronged approach of targeting climate change, increasing sustainable and ethical products, and implementing circular services, NMG aims to make an impact on environmental issues across the entire value chain: NMG is a woman-co-founded, women-majority organization that outpaces the U.S. population in racial and ethnic diversity and boasts one of corporate America's few openly gay CEOs. As a result, the Company saw high single-digit comparable sales growth and Adjusted EBITDA growth of 15% for the quarter compared to the same holiday period pre-COVID. Meka Millstone-Shroff - Director at Neiman Marcus Group - The Org By recognizing these important holidays and consistently innovating our associate experiences, we continue to strive to make NMG an employer of choice for all our extraordinary associates. Ms. Edwards was also named one of Savoy Magazine's 2021 Most Influential Black Corporate Directors and is NACD Directorship Certified . On October 30, 2020, Inspire announced it was acquiring Dunkin' Brands in a transaction that is expected to close this month. From 1976 to 1988, Mr. Axelrod held various management positions at Bloomingdales, ending with Senior Vice President, General Merchandise Manager. You can update your choices at any time in your settings. She most recently served as Chief Financial Officer and Executive Vice President of Citi Trends, Inc. (NASDAQ: CTRN), a retail clothing chain selling discounted products targeted primarily at urban customers from January 2021 until April 2022. Significant board experience as an advisor, operator and non-executive director of a publicly traded company (Cable One), late stage private company (Neiman Marcus Group), and. Brown currently serves as co-founder and chief executive officer of Inspire Brands, one of the larger restaurant companies in the US. The Company is overseen by the Board of Directors, which is a diverse, women-majority group, compared to the 26.7% industry standard, according to the 50/50 Women on Boards Gender Diversity Index . Mr. Brown's numerous leadership roles span 20 years at Inspire, Hilton, Expedia, McKinsey and Company, and Boston Consulting Group and make him uniquely qualified in guiding transformative initiatives, leading successful customer loyalty programs, and driving e-Commerce and digital platforms. Current role . NMG continues to deliver the best-integrated customer experience and has evolved the business to succeed in the ever-changing retail landscape. He succeeds the company's founder Julie Wainwright, who stepped down . ^ Carlisle, Candace. Press; News Releases; Events; Email Alerts; Board Committees. He was Chief Executive Officer and Chairman of the board of directors of Linens 'n Things, Inc., a retailer of home textiles, housewares and decorative home accessories, until its acquisition in February 2006. 2023 Fairchild Publishing, LLC. Neiman Marcus is facing a major debt restructuring and has been in a. Mr. Brown currently serves as Co-Founder and Chief Executive Officer of Inspire Brands, one of the larger restaurant companies in the United States. Mr. Brown currently serves as Co-Founder and Chief Executive Officer of Inspire Brands, one of the larger restaurant companies in the United States. Ms. Edwards received an M.B.A. from the Fuqua School of Business at Duke University and a B.S. 1.888.888.4757. D DuckDuckGo For more information, visit http://www.neimanmarcusgroup.com. NMG continues to deliver the best-integrated customer experience and has evolved the business to succeed in the ever-changing retail landscape. All Rights Reserved. During her tenure, she served on the board of L Capital as well as well the boards of several LVMH subsidiaries, including Marc Jacobs, Donna Karan and Fresh Cosmetics. Learn more in our Cookie Policy. Neiman Marcus Exec Gretchen Pace Appointed To The Wallis' Board Of in Finance from Florida A&M University. Meka Millstone-Shroffled the growth of buybuy BABY from 2007-2018 to become the top omni-channel retailer for infant and toddler items and currentlyserves as a strategic operating advisor and board member to a variety of companies. View all board members Who to Watch W Walmart Walmart (NYSE: WMT) is a multinational retailing corporation that operates as a chain of hypermarkets, discount department stores, and grocery stores. Dear Members of the Board of Directors, As you know, Neiman Marcus Group LTD LLC (the "Company") failed to make its payment of interest due on Bonds owned by Marble Ridge. Get all the top news stories and alerts straight to your inbox. Chair. Mr. Axelrod joined Linens n Things as Chief Executive Officer in. For more information, visit http://www.neimanmarcusgroup.com. Through the magic of our style advisors and associates, were committed to creating extraordinary experiences for you throughout our stores, digital channels, and through remote service. Follow Neiman Marcus Group: email . Neiman Marcus Group appoints Paul Brown to the board - FashionNetwork.com "I am honored to join as Chair of the Neiman Marcus Group Board of Directors," said Mr. Brown. Neiman Marcus Group's Post - LinkedIn Our brand partners continue to trust NMG because of our relationships with luxury customers, and customers know that we've curated an extraordinary assortment of the most desirable brands.". Copyright 2023 Penske Business Media, LLC. Under Armour Inc. has added a woman to the company's board of directors. The Company undertakes no obligation to update or revise any forwardlooking statements, whether as a result of new information, future events or otherwise. Today, companies are navigating current business NMG is a relationship business, and Jodi, Yumi, and our other NMG leaders utilize their extraordinary relationships with our brand partners to build the expertly curated product selections our NMG customers enjoy. As a general matter, forwardlooking statements are those focused on future or anticipated events or trends, expectations, and beliefs including, among other things, the Company's expectations with respect to its Chapter 11 proceedings. I'm looking forward to working with the Board and leadership team to help realize this vision.". We are looking forward to working with them as we continue our mission to be the worlds largest multibranded omnichannel luxury retailer in the world known for unparalleled customer service., Adam, Philippe and Vic bring to our board many years of collective experience in serving the luxury customer and in growing businesses through digital and international strategies all of which are key areas in which we are looking to accelerate growth, said David Kaplan, cofounder and senior partner at Ares Management and chairman of Neiman Marcus Group. Board of Directors. DALLAS, Dec. 7, 2020 /PRNewswire/ --Neiman Marcus Holding Company, Inc. (the "Company") today announced the appointment of Paul Brown to serve as non-executive Chair of its Board of Directors, effective December 7, 2020. His track record of leading transformation and innovation for consumer-driven companies will deliver incredible value for Neiman Marcus Group as we build on our strong foundation and accelerate our strategy to become the preeminent luxury customer platform. Mr. Brown is the seventh member of the Company's recently constituted diverse and majority female Board of Directors, which includes: About Neiman Marcus GroupNeiman Marcus Group (NMG) has been the premier destination for luxury fashion and goods, superior service, and an elevated retail experience for more than a century. Move. Today 9,000 associates contribute to the success of NMG's brands: Neiman Marcus, Bergdorf Goodman, Neiman Marcus Last Call, and Horchow. For more information, visitwww.neimanmarcusgroup.com. Neiman Marcus Group Expands Board Of Directors With Appointment Of Paul Any forwardlooking statements are and will be based upon the Company's thencurrent expectations, estimates and assumptions regarding future events and are applicable only as of the dates of such statements. The Board's Audit Committee members completed training on ESG oversight with Ceres and UC Berkeley School of Law. Norman Axelrod has served as a director of the Company since October 2013. She previously served on the boards of Starboard Value Acquisition Corporation and Del Frisco's Restaurant Group. 1.888.888.4757. DALLAS, Dec. 7, 2020 /PRNewswire/ -- Neiman Marcus Holding Company, Inc. (the "Company") today announced the appointment of Paul Brown to serve as non-executive Chair of its Board of Directors . SOURCE Neiman Marcus Holding Company, Inc. Plus500. Additionally, we had a packed month of client facing events. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. Neiman Marcus Adds Three to Board of Directors - WWD , . Internal experts within each key area guided the group through our progress in customer engagement, store experience, connective technologies and personalization, mens, and store renovations. Watch more here: https://lnkd.in/ggqgqbXX, Today, we released our first People Report and our second annual ESG Report, detailing progress on our 2025 goals. NEW YORK, Sept. 21, 2018 /PRNewswire/ -- Marble Ridge Capital LP, a value-oriented distressed debt investment firm, today reported it has sent a letter to the Board of Directors of the Neiman. 6 members. This June, we showcased our culture of Belonging through celebrating Pride Month, Juneteenth, and Fathers Day. Adam Brotman, Phillipe Bourguignon and Vivek "Vic" Gundotra have joined the board. Our nine Associate Community Networks (ACN) empower associates to celebrate diversity, pursue leadership positions outside of their direct role at NMG, and foster a sense of Belonging. Under Armour Appoints Karen Katz President And CEO Of Neiman Marcus DALLAS, March 16, 2022 /PRNewswire/ -- Today, luxury retailer Neiman Marcus Group ("NMG" or the "Company") announced its first-ever Environmental Social Governance Report, 'Our Journey to Revolutionize Impact,' sharing its progress to date, celebrating recent and upcoming investments, and outlining its 2025 ESG strategy. Additionally, Adjusted EBITDA for the last 12 months ending January 2022 increased 26% compared to the pre-COVID 12-month period ended January 2020. "We are thrilled to welcome Paul Brown to our Board of Directors. Move. They have been working in Paris, previewing upcoming collections and attending summer shows. Audit Committee Well executed timespent with the customer builds & maintains business. You will be redirected back to your article in. Director. Director. Mit Ihrer Anmeldung erklren Sie sich damit einverstanden, Inhalte von uns zu erhalten. Katz was president and CEO of Neiman Marcus Group from 2010 to February 2018. . These goals include: "NMG's first-ever ESG Report is an opportunity for us to demonstrate the true impact Neiman's has had on the lives of our customers, associates, brand partners, and the communities in which we do business," said Eric Severson, Chief People & Belonging Officer, Neiman Marcus Group. Readers are cautioned not to put undue reliance on such forwardlooking statements. Neiman Marcus announces new board members Director. Neiman Marcus Group Expands Board of Directors with Appointment of Paul Before joining LVMH, Pauline was a Managing Director at The Carlyle Group, where she specialized in investments in the consumer & retail sectors. Neiman Marcus CEO joins Under Armour's board of directors This site is protected by reCAPTCHA Enterprise and the Google, Madhappy Planning First Permanent Store and Collab With L.A.Dodgers, Five Outdoor Art Exhibitions to Check Out ThisSummer, Holt Renfrew Hooks Into Beyoncs ConcertTour, Even as Stores Reduce Inventories, Markdowns AreForever, The Webster and Rosewood Hotels & Resorts Reveal Pop-up Partnership, Peter Lux Brings Retro Hairstyles to BST Hyde Park. Geoffroy van Raemdonck Chief Executive Officer Ryan Ross President of Neiman Marcus and Head of NMG Customer Insights Darcy Penick President of Bergdorf Goodman and Head of NMG Product & Technology Lana Todorovich Chief Merchandising Officer, Neiman Marcus Katie Anderson Chief Financial Officer Hannah Kim One idea.. On October 30, 2020, Inspire announced it was acquiring Dunkin' Brands in a transaction that is expected to close this month. What would be learned if each visiting executive and board member went undercover like the show on TV for a few months to see how that applies to customers & independently selling one million a year. By signing up you agree to receive content from us. Neiman Marcus is now in . Reframing the Company's philanthropic efforts allows NMG to support the causes closest to their associates' and customers' hearts while making a more significant impact in communities around the world. Key areas like Climate Change and Workforce Diversity boast additional 2030 goals, as well. In addition to Neiman Marcus, she currently serves on the boards of Starboard Value Acquisition Corp., the Parsons School of Design and the Wharton Alumni Executive Board. Teams +3. While at Carlyle she served on . He is one of five members being added to WiNGS' board of directorspart of its 22-member board. Gender Male. Uplift and support women-founded fashion technology companies like FASHIONPHILE and machine learning SaaS platform, Stylyze. NMG is a relationship business. Stanley Marcus created one of the finest companies.!!! Neiman Marcus Group - Board of Directors The Wallis welcomes Neiman Marcus executive to board Cision Distribution 888-776-0942 Neiman Marcus Group Inc. has pumped up its board with three new members from different sectors. I am honored to join the Under Armour Board, and look forward to seeing how a founder and CEO operates a dynamic and fast-growing company known for innovation and its competitive edge., Receive Our Daily Newsletter & Special Offers. All Rights reserved. Gabriel Marc Goldstein. DALLAS, Dec. 7, 2020 /PRNewswire/ --Neiman Marcus Holding Company, Inc. (the "Company") today announced the appointment of Paul Brown to serve as non-executive Chair of its Board of Directors, effective December 7, 2020. First hand working while standing, running, juggling the phone system in todays time while helping all customers Location Toronto, Ontario, Canada. Neiman Marcus Group appoints Paul Brown to the board - FashionNetwork.com Our People Report expands on how we create an environment that inspires everyone to do their best work. The board also includes Katz, Scott Nishi of NMG, Adam Stein of Ares and Shane Feeney of CPPIB. Before joining LVMH, Pauline was a Managing Director at The Carlyle Group, where she specialized in investments in the consumer & retail sectors. Mit Ihrer Anmeldung erklren Sie sich damit einverstanden, Inhalte von uns zu erhalten. December 7, 2020. At the event, attendees embarked on guided tours, explored our leading-edge technology, attended a special edition GLT Coffee Chat, and met with community partners. LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and (except on the iOS app) to show you relevant ads (including professional and job ads) on and off LinkedIn. Move. Ms. Katz has served as President and CEO and a member of the Board of Directors of Neiman Marcus Group LTD LLC since 2010. Since 2007, Mr. Axelrod, through his consulting entity, NAX 18, LLC, has provided consulting services to certain entities related to Ares Management. Marble Ridge Capital LP Sends Letter to Neiman Marcus Group Board