Content about Texas Pacific Group

July 31, 2012

A Tuesday report by Bloomberg said that J. Crew will open its first Asia store – in Hong Kong – as early as 2013. CEO Millard “Mickey” Drexler told the news service that the retailer is also seeking sites in Beijing and Shanghai.

July 24, 2012

Neiman Marcus Group confirmed earlier reports that it would close its Nicollet Mall store in Minneapolis.

July 16, 2012

Discover announced that its cards are now accepted at Neiman Marcus stores nationwide.

July 10, 2012

The retail industry is buzzing as a discounter giant and a luxury stalwart form an unprecedented partnership.

May 30, 2012

Neiman Marcus is equipping all of its 4,000 associates at its full-line stores with smartphones in an effort to better serve customers, company executives said on the retailer’s recent conference call with analysts.

May 18, 2012

Neiman Marcus took full advantage of its Northern California locale in the design of its store in Walnut Creek, Calif.

April 16, 2012

Neiman Marcus announced that Michael R. Kingston would be joining the company, April 23, as senior VP, CIO of The Neiman Marcus Group.

March 22, 2012

The Neiman Marcus Group said that it will invest $28 million in Glamour Sales Holding, a Shanghai-based e-commerce company, as part of its strategy to gain a foothold in the Asian e-commerce marketplace.

March 20, 2012

J. Crew Group reported that profit for the quarter ended Jan. 28 rose to $15.1 million, from $4 million in the same period last year.

March 9, 2012

Neiman Marcus Group said it has opened its 42nd store, a full-line department store in Walnut Creek, Calif.

March 1, 2012

Neiman Marcus said that it is testing a new iPhone-only app that allows customers to interact directly with their sales associates.

November 9, 2011

Last Call by Neiman Marcus will open a first-to-market store in May 2012 at Ontario Mills, a Simon-owned property that is the largest outlet and value retail shopping destination in California with more than 200 stores.

October 27, 2011

Neiman Marcus announced Thursday that it had entered into agreements with Visa and MasterCard to begin, effective Nov. 1, accepting MasterCard and Visa credit, debit and prepaid cards at all 41 Neiman Marcus stores.

September 29, 2011

Neiman Marcus said Thursday it has launched its first-ever foursquare challenge to take place on Oct. 1 in conjunction with the department store retailer’s Shoe & Handbag Event.

September 13, 2011

Neiman Marcus Group reported a fiscal fourth-quarter loss on debt-related expense and slightly lower margins, even as its revenue rose 11%.

July 21, 2011

A Wednesday report in the Dallas Business Journal said that Neiman Marcus has hired a new chief human resources officer.

June 24, 2011

J. Crew announced Friday it will open its first Canadian store in August at the Yorkdale Shopping Centre, located in Toronto.

June 15, 2011

Neiman Marcus has named former Williams-Sonoma executive John E. Koryl as president of its website and catalog division, Neiman Marcus Direct.

May 31, 2011

In another sign that the luxury market is turning around faster than other retailing segments, Neiman Marcus’ third-quarter profit more than doubled.

March 7, 2011

J.Crew Group said Monday its $3 billion deal to be taken private by two investment firms is complete.

March 1, 2011

Shareholders of J.Crew Group have approved a $3 billion deal to be taken private by two investment firms.

February 1, 2011

A report released Monday by Bloomberg said that J. Crew Group’s $10 million settlement of an investor lawsuit over the proposed takeover by private-equity firms TPG Capital and Leonard Green & Partners LP has fallen apart.

January 17, 2011

J. Crew Group received no rival bid during a solicitation period and will stick with its nearly $3 billion buyout offer made by two private equity firms in November, according to Reuters.

December 10, 2010

Neiman Marcus Group reported Thursday that profit for the quarter ended Oct. 30 tripled to $25.7 million, compared with $8.5 million in the year-ago period.

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