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Neiman Marcus
Neiman Marcus Group, Inc. is an American integrated luxury retailer headquartered in Dallas, Texas, which owns Neiman Marcus, Bergdorf Goodman, Horchow, and Last Call. Since September 2021, NMG has been owned by a group of investment companies led by Davidson Kempner Capital Management, Sixth Street Partners and Pacific Investment Management. History 1907–1949 Herbert Marcus Sr., a former buyer with Dallas' Sanger Brothers department store, had left his previous job to found a new business with his sister Carrie Marcus Neiman and her husband, Abraham Lincoln Neiman, then employees of Sanger Brothers competitor A. Harris and Co. In 1907, the trio had $25,000 from the successful sales-promotion firm they had built in Atlanta, Georgia, and two potential investments of funds. Rather than take a chance on an unknown "sugary soda pop business," the three entrepreneurs rejected the fledgling Coca-Cola company and chose instead to return to Dallas to establish a retail busin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norman Marcus
Norman Marcus (August 31, 1932 – June 30, 2008) was an American lawyer and zoning expert. He served as general counsel of the New York City Planning Commission for over twenty years and played a key role in designing zoning laws to preserve the historic integrity of New York City's old neighborhoods while allowing for new development. Biography Marcus was born on August 31, 1932 in The Bronx. He graduated from Columbia College in 1953 and Yale Law School in 1957. At Yale, he met his wife, Maria Eleanor Lenhoff, who became Joseph M. McLaughlin professor of law at Fordham University, and the two married in 1956. Marcus joined the New York City Planning Commission in 1963 and for 20 years was its general counsel. In that capacity, Marcus devised legal codes that helped transfer air rights above historic Broadway theaters in Theater District, Manhattan and above Grand Central Terminal, preserving their historic architecture while allowing construction of new skyscrapers. He als ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Davidson Kempner Capital Management
Davidson Kempner Capital Management LP (“Davidson Kempner”) is a global institutional alternative investment management firm with over $38 billion in assets under management. Davidson Kempner is headquartered in New York City, with additional offices in London, Dublin, Hong Kong and Philadelphia. The firm is led by Anthony A. Yoseloff who serves as Executive Managing Member and Chief Investment Officer. As of September 20, 2021, Davidson Kempner was ranked as the 10th largest hedge fund in the world. Davidson Kempner has approximately 430 employees in the firm’s six offices. The firm is headquartered at 520 Madison Avenue in New York, New York. History Davidson Kempner was founded in May 1983 by Marvin H. Davidson and was initially named M.H. Davidson & Co. Thomas L. Kempner, Jr. joined the firm in December 1984 and was promoted to partner in 1986 and appointed to executive managing member in January 2004. The firm opened to outside capital in 1987 and was registered as an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Panic Of 1907
The Panic of 1907, also known as the 1907 Bankers' Panic or Knickerbocker Crisis, was a financial crisis that took place in the United States over a three-week period starting in mid-October, when the New York Stock Exchange fell almost 50% from its peak the previous year. The panic occurred during a time of economic recession, and there were numerous runs on banks and on trust companies. The 1907 panic eventually spread throughout the nation when many state and local banks and businesses entered bankruptcy. The primary causes of the run included a retraction of market liquidity by a number of New York City banks and a loss of confidence among depositors, exacerbated by unregulated side bets at bucket shops. The panic was triggered by the failed attempt in October 1907 to corner the market on stock of the United Copper Company. When that bid failed, banks that had lent money to the cornering scheme suffered runs that later spread to affiliated banks and trusts, leading a week ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Coca-Cola Company
The Coca-Cola Company is an American multinational beverage corporation founded in 1892, best known as the producer of Coca-Cola. The Coca-Cola Company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. The company's stock is listed on the NYSE and is part of the DJIA and the S&P 500 and S&P 100 indexes. The soft drink was developed in 1886 by pharmacist John Stith Pemberton. At the time it was introduced, the product contained cocaine from coca leaves and caffeine from kola nuts which together acted as a stimulant. The coca and the kola are the source of the product name, and led to Coca-Cola's promotion as a "healthy tonic". Pemberton had been severely wounded in the American Civil War, and had become addicted to the pain medication morphine. He developed the beverage as a patent medicine in an effort to control his addiction. In 1889, the formula and brand were sold for $2,300 (roughly $71,000 in 2022) to A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Atlanta, Georgia
Atlanta ( ) is the capital and most populous city of the U.S. state of Georgia. It is the seat of Fulton County, the most populous county in Georgia, but its territory falls in both Fulton and DeKalb counties. With a population of 498,715 living within the city limits, it is the eighth most populous city in the Southeast and 38th most populous city in the United States according to the 2020 U.S. census. It is the core of the much larger Atlanta metropolitan area, which is home to more than 6.1 million people, making it the eighth-largest metropolitan area in the United States. Situated among the foothills of the Appalachian Mountains at an elevation of just over above sea level, it features unique topography that includes rolling hills, lush greenery, and the most dense urban tree coverage of any major city in the United States. Atlanta was originally founded as the terminus of a major state-sponsored railroad, but it soon became the convergence point among several rai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sanger Brothers
Sanger may refer to: Places Romania * Sânger, a commune in Mureș County United States * Sanger, California, a city * Sanger, North Dakota, a ghost town * Sanger, Texas, a city * Sanger, West Virginia, an unincorporated community People * Sanger (surname), including a list of people with the name Other uses * Wellcome Trust Sanger Institute, a genome research centre in Cambridgeshire, England * Sanger (fortification) or sangar, a small temporary fortified position * Sandwich A sandwich is a food typically consisting of vegetables, sliced cheese or meat, placed on or between slices of bread, or more generally any dish wherein bread serves as a container or wrapper for another food type. The sandwich began as a po ..., colloquially called a "sanger" in Australian and Scottish English See also * Sanger-Harris, a former department store * * * Sänger (other) {{disambiguation, geo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luxury Goods
In economics, a luxury good (or upmarket good) is a good for which demand increases more than what is proportional as income rises, so that expenditures on the good become a greater proportion of overall spending. Luxury goods are in contrast to necessity goods, where demand increases proportionally less than income. ''Luxury goods'' is often used synonymously with ''superior goods''. Definition The word "luxury" originated from the Latin word ''luxuria'', which means exuberance, excess, or abundance. A luxury good can be identified by comparing the demand for the good at one point in time against the demand for the good at a different point in time, at a different income level. When personal income increases, demand for luxury goods increases even more than income does. Conversely, when personal income decreases, demand for luxury goods drops even more than income does. For example, if income rises 1%, and the demand for a product rises 2%, then the product is a luxury good. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neiman Marcus Flagship Interior
Neiman is a surname. It may refer to: *Abraham Lincoln Neiman (1875–1970) *Carrie Marcus Neiman (1883–1953) *David Neiman (1921–2004), Russian-American rabbi, archaeologist, and historian *Joan Neiman (1920–2022), Canadian politician from Ontario *LeRoy Neiman (1921–2012), American artist *Mikhail Samoilovich Neiman (1905–1975), Soviet physicist *Nancy Neiman (born 1933), American cyclist * Richard H. Neiman (contemporary), American businessman; head of the New York State Department of Banking *Susan Neiman (born 1955), American-German moral philosopher and author *Tanya Neiman (1949–2006), American lawyer *Troy Neiman (born 1990), American baseball player *Yulia Neiman (1907–1994), Russian poet and translator See also *Nieman (surname) Nieman is a Dutch and Low German surname that originated as a nickname for either an unknown or nameless person (''Niemand'' in Dutch and German) or a newcomer to a place (modern Dutch ''nieuw man'', cognate to English Newman and H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mytheresa
Mytheresa is a German e-commerce luxury fashion company, with headquarters in Munich, Germany. Founded in 2006, it operates local-language based websites for international markets in English, German, Spanish, French, Italian, Arabic, Chinese and Korean. Its CEO is Michael Kliger. In January 2021, Mytheresa filed an IPO on the New York Stock Exchange that valued the company at $2.2 billion; its valuation increased to $3 billion on its first day of trading. Background The Mytheresa online shop was founded in 2006 by Susanne and Christoph Botschen and is associated with the multi-brand store in Munich (previously THERESA. store). Their selection consists of high-end clothing, shoes, bags and accessories from luxury designer brands such as Bottega Veneta, Burberry, Fendi, Gucci, Moncler, Loro Piana and many more. As an international retailer, Mytheresa operates in 8 languages: English, German, French, Italian, Spanish, Arabic, Chinese and Korean . In January 2019 Mytheresa lau ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bergdorf Goodman
Bergdorf Goodman Inc. is a luxury department store based on Fifth Avenue in Midtown Manhattan, New York. The company was founded in 1899 by Herman Bergdorf and was later owned and managed by Edwin Goodman, and later his son, Andrew Goodman. Today, Bergdorf Goodman operates from two stores situated across the street from each other at Fifth Avenue between 57th Street and 58th Streets. The main store, which opened at its current location in 1928, is located on the west side of Fifth Avenue. A separate men's store, established in 1990, is located on the east side of Fifth Avenue, directly across the street. Bergdorf Goodman is a subsidiary of Neiman Marcus, which is owned by the private equity firm Ares Management. History Founding and early history (1899–1951) The company traces its origins to 1899 when Herman Bergdorf, an immigrant from Alsace, opened a tailor shop just above Union Square in downtown Manhattan. Edwin Goodman, a 23-year-old American Jewish merchant, based ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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