Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.
DALLAS Neiman Marcus Group sees opportunities for continued growth under the ownership of two private equity firms that agreed to pay $5.1 billion for the luxury retailer. The buyers said they are not anticipating any post-sale changes in advertising or marketing strategy.
“All those kinds of decisions will be made by management,” said Owen Blacksilver, spokesman for the Texas Pacific Group that joined with Warburg Pincus for an even stake in the retail group. “We’re still six months away from closing on the acquisition.”
The
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in